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<Econ> Switzerland Apr Manufacturing PMI Rises to 54.5, Beats Forecast and Hits Three-and-a-Half-Year High
procure.ch/UBS jointly announced that, after seasonal adjustment, Switzerland's manufacturing PMI rose to 54.5 in April from the previous reading of 53.3, beating market expectatio...
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<Econ> Switzerland Apr Manufacturing PMI Rises to 54.5, Beats Forecast and Hits Three-and-a-Half-Year High
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procure.ch/UBS jointly announced that, after seasonal adjustment, Switzerland's manufacturing PMI rose to 54.5 in April from the previous reading of 53.3, beating market expectations of a decline to 52. The index expanded for a second consecutive month and reached its highest level since October 2022.

During the period, Switzerland's manufacturing output, new orders and purchasing volume continued to expand. Employment improved slightly but remained in contraction territory. Delivery times lengthened, consistent with tight supplier conditions. Cost pressures intensified. (da/a)

Related NewsCore Inflation Rate YoY for Apr in United States is 2.8%, higher than the previous value of 2.6%. The forecast was 2.7%.

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