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Swiss Manufacturing PMI (Jan) 48.8 vs. Exp. 47.9 (Prev. 45.8)

Newsquawk Staff ·

Swiss Manufacturing PMI (Jan) 48.8 vs. Exp. 47.9 (Prev. 45.8)

What it means

The Swiss Manufacturing PMI for January came in at 48.8, surpassing expectations of 47.9 and significantly higher than the previous reading of 45.8. This beat suggests an improvement in manufacturing sentiment, which could indicate a stabilization or potential recovery in the Swiss economy, thus impacting expectations for monetary policy and the Swiss franc.

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