Swiss manufacturing expands further in January

Source: Investing.com
Activity in the manufacturing sector of Switzerland increased much more than predicted in January of this year, while the benchmark PMI Index from Credit Suisse bank and SVME association rose to 56.1 points. Economists expected the index to rise to 55.4 points from 55 in December. At the same time, the reading of index above 50 points indicates expansion of the sector.

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