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Data from Financial Modeling Prep. Forecasts by Sigmanomics Forecast Engine.
SwitzerlandSVME Manufacturing PMI fell to 48.8 in November 2019
Financial Modeling PrepMonthlyReleased December 2019
SVME Manufacturing PMI fell to 48.8 in November 2019, down 0.6 from October's 49.4 reading. The reading matched the 48.6 consensus. Year-over-year, the indicator is down 8.9. Over the past 3 months, SVME Manufacturing PMI averaged 47, vs 46.7 in the prior 3-month window. The reading is in the 30th percentile of the trailing 24-month range.
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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