Swiss Manufacturing PMI Actual 57.1 (Forecast 54.6, Previous 56.4)

  • Swiss Manufacturing PMI Actual 57.1 (Forecast 54.6, Previous 56.4)

The Swiss purchasing managers' index rose to a seasonally adjusted 57.1 points in September from 56.4 points in the previous month, data showed on Monday.

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KEY POINTS FROM THE STATEMENT:

* The Purchasing Managers’ Index (PMI) has arrested its downtrend for the time being

* Almost one-third of the manufacturing companies surveyed are concerned that there may be production outages over the coming six months due to heightened energy prices

* 36% of those who believe they will be affected actually expect outages to be so severe that there is a risk of short-time working

* Output has increased, order books remain full, and businesses are continuing to add to their workforce

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