The typical/expected market impact of this event is low.
The consensus forecast for SVME - Purchasing Managers' Index is 54. A higher value than forecast tends to be bullish for CHF/xxx pairs and bearish for xxx/CHF pairs.
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 54.5 against a forecast of 53.5.
Other recent announcements which may affect the market's interpretation of the next SVME - Purchasing Managers' Index result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| ZEW Survey – Expectations | Bullish change | -30.3 | -11.1 | ||
| Industrial Production (YoY) | Bearish change | -0.4% | -7.1% |
| Country: | Switzerland |
|---|---|
| Currency: | CHF |
| Source: | Trade Association for Purchasing and Supply Management |
| Category: | Economic Activity |
| Frequency: | Monthly |