Switzerland May manufacturing PMI 60.0 vs 61.0 expected

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Switzerland May manufacturing PMI 60.0 vs 61.0 expected

Although missing on estimates, the Swiss manufacturing sector continues to display rather robust momentum overall. If anything, the "slowdown" is more

Although missing on estimates, the Swiss manufacturing sector continues to display rather robust momentum overall. If anything, the “slowdown” is more of a normalisation in momentum than any worrying downturn – for now at least. Supply chain problems have also eased a little so that is boosting sentiment on the outlook slightly.

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