The Swiss Manufacturing PMI increased to 55.4 in February 2019 from 54.3 points in the previous month, easily beating market expectations of 53.6, with almost all sub-indices posting gains: production (up 0.8 points to 56.2); new orders (up 0.6 points to 54.9); employment (up 2.2 points to 58.4); purchasing volume (up 0.5 points to 50); purchasing prices (up 0.8 points to 56.1); delivery times (up 2 points to 54.3); sales stocks (up 4.5 points to 52.3). Meanwhile, the stocks purchased sub-index was unchanged at 51.2. Manufacturing PMI in Switzerland averaged 54.08 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 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 92.40 96.20 119.30 71.80 Index Points [+]
Manufacturing PMI 55.40 54.30 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 84.29 84.70 90.00 75.04 percent [+]
Factory Orders 11.40 11.20 17.10 -24.00 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 -16.60 -44.00 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 [+]


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 March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
55.40 54.30 66.90 32.80 1995 - 2019 Monthly
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Country Last Previous
Australia 54.00 Feb/19
Brazil 53.40 Feb/19
Canada 52.60 Feb/19
China 49.90 Feb/19
Euro Area 49.30 Feb/19
France 51.50 Feb/19
Germany 47.60 Feb/19
India 54.30 Feb/19
Indonesia 50.10 Feb/19
Italy 47.70 Feb/19
Japan 48.90 Mar/19
Mexico 52.60 Feb/19
Netherlands 52.70 Feb/19
Russia 50.10 Feb/19
Saudi Arabia 56.60 Feb/19
Singapore 50.40 Feb/19
South Africa 46.20 Feb/19
South Korea 47.20 Feb/19
Spain 49.90 Feb/19
Switzerland 55.40 Feb/19
Turkey 46.40 Feb/19
United Kingdom 52.00 Feb/19
United States 53.00 Feb/19


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