FX.co ★ Swiss Manufacturing Momentum Cools as procure.ch PMI Slips in June

Switzerland’s manufacturing sector lost some traction in June, with the procure.ch Manufacturing PMI easing to 54.3 from 57.3 in May 2026. The latest reading, updated on 01 July 2026, still signals expansion in the industrial sector but points to a slower pace of growth compared with the previous month.

The three-point decline suggests that while factory activity remains solidly above the 50-point threshold that separates expansion from contraction, underlying momentum has moderated. This cooling could reflect more cautious demand or emerging capacity constraints, even as the sector continues to grow.