The Services PMI in Switzerland jumped to 57.3 in January 2020 from a revised 51.3 in the previous month, pointing to the strongest pace of expansion in the sector since last April. All the main sub indexes rose: business activity (59.5 vs 55.3); new orders (60.3 vs 51.9); employment (55.4 vs 50.3); backlogs of work (54.4 vs 48.0); purchase prices (49.3 vs 47.7); and sale prices (48.2 vs 47.2). Switzerland Services PMI - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Services Pmi in Switzerland averaged 58.14 points from 2016 until 2020, reaching an all time high of 68.40 points in August of 2017 and a record low of 48.90 points in July of 2019. This page provides - Switzerland Services PMI- actual values, historical data, forecast, chart, statistics, economic calendar and news. source: & Credit Suisse

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Switzerland Services PMI

Actual Previous Highest Lowest Dates Unit Frequency
57.30 51.30 68.40 48.90 2016 - 2020 points Monthly

Switzerland Services PMI
The basis for the Swiss PMI Industry and Service indices is provided by over 300 purchasing managers who deliver their monthly data using a standardised online questionnaire. The data indicates how the current month’s performance has changed compared to the previous month. The questions are qualitative, i.e. the purchasing managers evaluate whether the level of activity is higher, the same or lower than the month before. The questionnaire covers the following topics: Business activity; New orders; Order volume (customer orders); Purchasing prices; Sales prices; and Number of employees. The service sector includes companies that generate more than half of their revenues from the provision of services. Service providers trade in goods or provide services directly to customers (consulting, management, development, etc.).