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PMI April 2021: Industry PMI at an all-time high

From procure.ch

Since the beginning of data collection in 1995, the procure.ch Purchasing Managers' Index (PMI) for industry has never been as high as it was in April 2021. The recovery of Swiss industry is progressing in the face of the resurgent global economy and the disproportionate demand for goods rapidly progressing that widespread scarcity is occurring, which is even causing prices to rise. Capacity building is, however, rather slow - a sign of a certain skepticism on the part of companies regarding the duration of the boom. The service sector, which is more geared towards domestic consumption, is recovering for the third ... (full story)

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  • Category: Fundamental Analysis