Switzerland January manufacturing PMI 59.4 vs 56.8 expected

Latest data released by Procure - 1 February 2021

  • Prior 58.0; revised to 53.7

Swiss manufacturing continues to impress despite virus restrictions, surging once again in January although the negative revision to the December reading does take some shine off the latest report here.

Of note, the latest virus situation is reported to have less impact on investment behaviour/decisions as compared to the spring so that is helping.

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