New data procure.ch Manufacturing PMI (Sep)
10/1/2024
actual 49.9, previous 49
The event is the procure.ch Manufacturing PMI (Purchasing Managers' Index) for Switzerland in September 2024. The actual PMI value reported is 49.9, which is higher than the previous value of 49. This indicates a slight improvement in the manufacturing sector's economic health. The estimated PMI value was 48.2, so the actual value exceeded expectations by 1.7%.Since the impact of this event is considered high, it suggests that the manufacturing PMI data for Switzerland could have a significant effect on the CHF (Swiss Franc) currency and related markets. Overall, the increase in the PMI value indicates potential growth and positive sentiment in the Swiss manufacturing industry.
This is not investment advice. Remember to verify the information provided here.
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