Swiss Manufacturing PMI surveys factory purchasing managers on output, orders and hiring; a reading above 50 means manufacturing is expanding and below 50 means it is contracting.
Actual
44
Forecast
45
Previous
43.1
Switzerland Manufacturing PMI for Feb came in at 44 versus 45 expected (previous 43.1), below forecast, which was negative for the CHF.
What it meant for the CHF
The actual landed below the 45 forecast (1 below expectations). A reading above forecast is generally bullish for the CHF, and below forecast bearish. On this release the read was negative for the CHF.
New to this release? See what Switzerland Manufacturing PMI measures, the next release and its full history.