Switzerland’s manufacturing sector showed a slight loss of momentum in July 2026, as the procure.ch Manufacturing PMI eased to 53.2 from 54.3 in June 2026. The latest reading, updated on 3 August 2026, indicates that while growth in the country’s factory activity continues, it is doing so at a slower pace.
A PMI reading above 50 points to expanding conditions in the manufacturing sector, so July’s result still reflects ongoing improvement in output and demand. However, the one-point decline from the previous month suggests that the strong momentum seen in early summer is moderating, potentially signalling a more cautious phase for Swiss industry in the months ahead.
