- Analytics
- News and Tools
- Market News
- Swiss manufacturing PMI dropped to the lowest level since October 2012
Swiss manufacturing PMI dropped to the lowest level since October 2012
The Swiss SVME and Credit Suisse released its manufacturing purchasing managers' index (PMI) for Switzerland on Monday. The index dropped to 48.2 in January from 53.6 in December, missing expectations for a rise to 54.5. That was the lowest level since October 2012.
A reading above 50 indicates expansion, below indicates contraction.
This figure added to concerns over the health of the Switzerland's economy after the Swiss National Bank (SNB) has discontinued the minimum exchange rate of 1.20 per euro on January 15, 2015.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
