Higher numbers than forecast tend to be bullish for CHF/xxx pairs and bearish for xxx/CHF pairs.
The most recent announced value for SVME - Purchasing Managers' Index was 49 against a forecast of 47.
Other recent announcements which may affect the market's interpretation of the next SVME - Purchasing Managers' Index result:
Previous | Latest | ||||
---|---|---|---|---|---|
Real Retail Sales (YoY) | Bearish change | 3.9% | 0.7% | ||
Gross Domestic Product (QoQ) | Bearish change | 0.4% | 0.1% | ||
Gross Domestic Product (YoY) | Bearish change | 1.8% | 1.2% | ||
ZEW Survey – Expectations | Bearish change | 2.4 | -53.8 |
Country: | Switzerland |
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Currency: | CHF |
Source: | Trade Association for Purchasing and Supply Management |
Category: | Economic Activity |
Frequency: | Monthly |