Monday , 23 December 2024
Home Forex Switzerland November manufacturing PMI 48.5 vs 49.4 expected
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Switzerland November manufacturing PMI 48.5 vs 49.4 expected

  • Prior 49.9

Swiss manufacturing activity slipped back in November, after a bounce seen in the months before. Both output and new orders expanded marginally but at a softer pace than in October. Meanwhile, employment conditions continue to ease further. Procure notes that if economic conditions in the Eurozone don’t recover, it will lead to the Swiss PMI to slide moving forward.

This article was written by Justin Low at www.forexlive.com.

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