Swiss housing on the lake with mountains in switzerland

Switzerland PMI October 2021

Switzerland: Manufacturing and Services PMIs fall in October

The Credit Suisse/ Manufacturing Purchasing Managers’ Index (PMI) came in at 65.4 in October, down from September’s 68.1. October’s result marked the worst performance since February. As such, the index remained entrenched well above the 50-threshold, but signaled a softer improvement in business conditions from the previous month. Growth in output, purchasing activity and employment eased in October, while backlogs of orders continued to rise at a marked—albeit slightly softer—pace. Meanwhile, input price inflation intensified further, amid persistent global supply problems.

Meanwhile, the more domestic-focused Services PMI eased from 62.1 in September to 59.4 in October, on milder expansions in business activity, new orders and employment. In addition, in an environment of higher energy and wage costs, both input and sales price inflation intensified in October.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest