3 days ago • Posted by William Ramstein

Swiss manufacturing PMI grows to new heights

The procure.ch Manufacturing PMI in Switzerland rose to an all-time high of 69.5 in April 2021, from 66.3 in the previous month and above market expectations of 66.0, signaling a broad-based recovery in Swiss manufacturing that will likely remain in place for the foreseeable future in light of the positive order situation. Output growth was the second-highest after only July 2006, while readings for order backlog, purchase prices and suppliers' delivery times hit records.

Source: Trading Economics