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SVME Manufacturing PMI (Switzerland) was reported at 48.8 in December 2019. The reading beat the market consensus of 48.6 by 0.2, coming in above expectations. This represents a decline from the previous value of 49.4.
Switzerland SVME Manufacturing PMI
Latest Release
48.8
Actual
48.6
Consensus
49.4
Previous
The December 2019 reading fell from the previous value of 49.4. Historically, this indicator is negatively correlated with USD/CHF (Bullish CHF) and negatively correlated with EUR/CHF (Bearish EUR).
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SVME Manufacturing PMI - CH
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