Switzerland procure.ch Manufacturing PMI

Category: Manufacturing PMI
Units: Points
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.
A higher than expected figure should be seen as positive (bullish) for the CHF while a lower than expected figure should be seen as negative (bearish) for the CHF.

Event Details

Impact:
High
Country: Switzerland Switzerland
Symbol: CHF

Latest Release

Previous:
49.9
Consensus: 49.4
Actual:
48.5

Next Release

Date: 08:30 AM, 3 Jan 2025
Time left: in 31 days
Consensus: 46.3