Switzerland Manufacturing PMI

The Swiss PMI fell to 48.5 in April 2019 from 50.3 in the previous month and well below market expectations of 50.5. The reading pointed to the first month of contraction in factory activity since the beginning of 2015, amid falls in production (-1 point to 48.1), new orders (-6 points to 45), purchasing prices (-3 points to 48.5), purchasing volume (at 46.6) and delivery times (at 48.7). Meanwhile, increases were recorded for stocks purchased (+1.5 points to 51.1), sales stocks (+2.8 points to 51.7) and employment (+0.4 points to 52.9). Manufacturing PMI in Switzerland averaged 54.05 from 1995 until 2019, reaching an all time high of 66.90 in December of 2006 and a record low of 32.80 in March of 2009.

Manufacturing PMI in Switzerland is expected to be 52.50 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 53.00 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.

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Switzerland Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	96.20	97.10	119.30	71.80	Index Points	[+]
Manufacturing PMI	48.50	50.30	66.90	32.80		[+]
Industrial Production	5.10	0.80	12.30	-10.60	percent	[+]
Manufacturing Production	5.70	0.90	12.80	-11.60	percent	[+]
Capacity Utilization	81.82	84.29	90.00	75.04	percent	[+]
Changes in Inventories	-2642.00	-305.90	4314.50	-4257.30	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	-7.70	-26.90	65.00	-91.10		[+]
Mining Production	-6.00	-4.50	19.80	-24.60	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	85.00	91.00	84.00	Points	[+]
Corruption Rank	3.00	3.00	12.00	3.00		[+]

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 May of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	48.50	50.30	66.90	32.80	1995 - 2019		Monthly	SA

Country	Last		Previous	Range
Australia	54.80	Apr/19	51	62.5 : 29.47
Brazil	51.50	Apr/19	52.8	53.5 : 41.6
Canada	49.70	Apr/19	50.5	57.1 : 47.5
China	50.20	Apr/19	50.8	52.3 : 47.2
Euro Area	47.90	Apr/19	47.5	60.6 : 33.5
France	50.00	Apr/19	49.7	58.8 : 42.7
Germany	44.40	Apr/19	44.1	63.3 : 32
India	51.80	Apr/19	52.6	55 : 47.9
Indonesia	50.40	Apr/19	51.2	58.5 : 46.4
Italy	49.10	Apr/19	47.4	59 : 47.4
Japan	49.60	May/19	50.2	56.2 : 29.6
Mexico	50.10	Apr/19	49.8	57.1 : 49.2
Netherlands	52.00	Apr/19	52.5	63.4 : 48
Russia	51.80	Apr/19	52.8	54.7 : 47.6
Saudi Arabia	56.80	Apr/19	56.8	61.8 : 51.4
Singapore	50.30	Apr/19	50.8	53.1 : 48.3
South Africa	47.20	Apr/19	45	60.87 : 35.09
South Korea	50.20	Apr/19	48.8	52.6 : 45.7
Spain	51.80	Apr/19	50.9	56.1 : 41.1
Switzerland	48.50	Apr/19	50.3	66.9 : 32.8
Turkey	46.80	Apr/19	47.2	55.7 : 42.7
United Kingdom	53.10	Apr/19	55.1	61.5 : 34.4
United States	52.60	Apr/19	52.4	57.9 : 50.7