FX.co ★ Swiss PMI Drops to 41.4 in April 2024

The latest procurement managers' index (PMI) data from Switzerland indicates a decline to 41.4 in April 2024. This drop comes after the previous indicator halted at 45.2 in March 2024. The new figures suggest a decrease in manufacturing and economic activity in the country. The data was updated on 02 May 2024, highlighting the recent economic challenges Switzerland might be facing. Analysts will be closely monitoring future PMI releases to gauge the economic trajectory and potential impacts on the Swiss economy.