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globalreutersSeptember 2, 20241 Mins read
Switzerland August manufacturing PMI 49.0 vs 43.5 expected
globalreutersSeptember 2, 20241 Mins read - Prior 43.5
That’s a marked improvement as output returns to positive territory on the month. That said, it’s too early to call this a return to a sustainable recovery just yet. A stronger franc currency, something which the SNB is warning about, could come back to bite at the manufacturing sector still. Anyway, here’s the breakdown for August:
This article was written by Justin Low at www.forexlive.com.
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