FX.co ★ Swiss Manufacturing Momentum Builds as procure.ch PMI Climbs to 57.3 in May

Switzerland’s manufacturing sector extended its expansion in May, with the procure.ch Manufacturing Purchasing Managers’ Index (PMI) rising to 57.3. This marks a solid acceleration from April 2026, when the index stood at 54.5, signaling strengthening activity in the country’s industrial base.

The latest reading, updated on 01 June 2026, underscores a continued improvement in operating conditions for Swiss manufacturers over the spring period. Moving further above the 50-point threshold that separates expansion from contraction, the May 2026 PMI suggests that output, orders, or related manufacturing indicators have gained additional traction compared with the previous month.

The back-to-back increases in April and May point to growing resilience in Switzerland’s manufacturing landscape, an important pillar of the broader economy. Market participants will now watch upcoming PMI releases closely to determine whether this uptick in momentum can be sustained into the second half of 2026.