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Credit Suisse and procure.ch released their manufacturing purchasing managers' index (PMI) for Switzerland on Monday. The manufacturing purchasing managers' index in Switzerland climbed to 52.1 in December from 49.7 in November.
A reading above 50 indicates contraction.
The increase was largely driven by a rise in production. The production increased to 57.6 in December from 49.5 In November.
Purchase prices decreased to 36.8 in December from 38.4 in November, while the backlog of orders sub-index fell to 51.4 from 51.5.
Employment rose to 44.7 in December from 43.9 in November.
|remaining time till the new event being published|