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 49.7 against a forecast of 48.5.
Recent economic data has been moderately bearish for CHF. Other recent announcements which may affect the market's interpretation of the next SVME - Purchasing Managers' Index result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Consumer Price Index (MoM) | Bullish change | -0.3% | -0.2% | ||
| Consumer Price Index (YoY) | Bearish change | 0.1% | 0% | ||
| Real Retail Sales (YoY) | Bullish change | 1.8% | 2.7% | ||
| Gross Domestic Product (QoQ) | Bearish change | 0.2% | -0.5% | ||
| Gross Domestic Product (YoY) | Bearish change | 1.3% | 0.5% | ||
| ZEW Survey – Expectations | Bullish change | -7.7 | 12.2 |
| Country: | Switzerland |
|---|---|
| Currency: | CHF |
| Source: | Trade Association for Purchasing and Supply Management |
| Category: | Economic Activity |
| Frequency: | Monthly |