Switzerland April manufacturing PMI 45.3 vs 47.0 prior

  • Latest data released by Procure - 2 May 2023
  • Prior 47.0

It's the fourth month in a row that Swiss manufacturing activity is seen contracting, with declining order backlogs not really hinting at a reversal in the trend in the short-term. A drop in output and the orderbook is also contributing to the pessimism but at least employment conditions are still holding up for now.

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