The Swiss PMI came in at a seasonally adjusted 57.8 in December 2018, little-changed from the previous month's 57.7 and above market expectations of 57.2. The latest reading continued to point to a strong expansion in the manufacturing sector, supported by production (up 2.2 points to 60.5), purchasing volume (up 2.6 points to 55.8) and stocks purchased (up 6 points to 56.5). Meanwhile, the gauge measuring new order levels fell 2.3 points to 55.0, alongside purchasing prices (down 1.6 points to 60.3), delivery times (down 0.5 points to 61.3), sales stocks (down 4 points to 49.6) and employment (down 1.3 points to 56.6). PMI averaged at 61.5 points in 2018. A higher annual average has only ever been registered in the years 2010, 2007 and 2006 as well as 2000 – all of them boom years. Manufacturing PMI in Switzerland averaged 54.08 from 1995 until 2018, reaching an all time high of 66.90 in December of 2006 and a record low of 32.90 in March of 2009.

Manufacturing PMI in Switzerland is expected to be 55.50 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in Switzerland to stand at 54.50 in 12 months time. In the long-term, the Switzerland Manufacturing PMI is projected to trend around 54.00 in 2020, according to our econometric models.

Switzerland Manufacturing PMI
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Switzerland Business Last Previous Highest Lowest Unit
Business Confidence 96.30 98.90 119.10 70.70 Index Points [+]
Manufacturing PMI 57.80 57.70 66.90 32.90 [+]
Industrial Production 1.40 8.90 12.30 -10.60 percent [+]
Manufacturing Production 1.60 9.10 12.80 -11.70 percent [+]
Capacity Utilization 84.70 84.22 90.00 75.04 percent [+]
Factory Orders 11.40 11.20 17.10 -24.00 percent [+]
Changes in Inventories 2082.60 -104.80 4320.50 -4188.70 CHF Million [+]
Bankruptcies 13257.00 12927.00 13257.00 3040.00 Companies and Individuals [+]
Car Registrations 24.77 25.10 37.56 1.96 Thousand [+]
Internet Speed 21683.45 21238.67 21683.45 4380.25 KBps [+]
IP Addresses 3855605.00 3760263.00 3855605.00 1700696.00 IP [+]
Zew Economic Sentiment Index -22.20 -42.30 65.00 -91.10 [+]
Mining Production -4.70 -4.40 19.90 -24.70 percent [+]
Competitiveness Index 82.59 82.37 82.59 5.54 Points [+]
Competitiveness Rank 4.00 4.00 4.00 1.00 [+]
Ease of Doing Business 38.00 33.00 38.00 19.00 [+]
Corruption Index 85.00 86.00 91.00 84.00 Points [+]
Corruption Rank 3.00 5.00 12.00 3.00 [+]


Switzerland Manufacturing PMI

In Switzerland, the SVME Manufacturing Purchasing Managers’ Index measures the performance of the manufacturing sector and is derived from a survey to executives on their procurement expectations for the following month. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides the latest reported value for - Switzerland Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Switzerland Manufacturing PMI - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
57.80 57.70 66.90 32.90 1995 - 2018 Monthly
SA




Country Last Previous
Australia 49.50 Dec/18
Brazil 52.60 Dec/18
Canada 53.60 Dec/18
China 49.70 Dec/18
Euro Area 51.40 Dec/18
France 49.70 Dec/18
Germany 51.50 Dec/18
India 53.20 Dec/18
Indonesia 51.20 Dec/18
Italy 49.20 Dec/18
Japan 52.60 Dec/18
Mexico 49.70 Dec/18
Netherlands 57.20 Dec/18
Russia 51.70 Dec/18
Saudi Arabia 54.50 Dec/18
Singapore 51.10 Dec/18
South Africa 50.70 Dec/18
South Korea 49.80 Dec/18
Spain 51.10 Dec/18
Switzerland 57.80 Dec/18
Turkey 44.20 Dec/18
United Kingdom 54.20 Dec/18
United States 53.80 Dec/18


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