procure.ch Switzerland Manufacturing Purchasing Managers Index (PMI)

procure.ch PMI (Purchasing Manager Index) reflects business environment conditions in Switzerland. The index is calculated monthly based on the survey of over 300 company managers, during which they evaluate sales, amount of orders, employment and forecasts. PMI is one of the indicators measuring the confidence of large businesses in the country's economic development. The indicator growth can have a positive effect on the Swiss franc quotes.