Switzerland Manufacturing PMI

Last Release

Jan 31, 2025

Actual

47.5

Units In

Points

48.4

Frequency

Monthly

Next Release

N/A

Time to Release

N/A

Highest	Lowest	Average	Date Range	Source
70 Jul 2021	33 Mar 2009	53.64 Points	1995-2025	SVME & Credit Suisse

In Switzerland, the procure.ch 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.

Latest Updates

The Swiss procure.ch PMI rose slightly to 47.5 in January 2025, up from 47 in December but below market expectations of 49. Employment improved, with a slowdown in job cuts pushing the employment component to 47.1. Production also gained but stayed in contraction at 48.5. Delivery times exceeded 50, possibly due to higher demand or slower supply chains. A stronger PMI rise was hindered by declines in order backlogs and purchasing inventories. Input prices edged up, nearing the growth threshold, with electronic components and cocoa becoming more expensive, while sugar prices fell.