From expensive watches to chocolates and cement, Swiss industry is being battered by the coronavirus epidemic, data showed on Wednesday, with the country's PMI survey sinking to its lowest level in more than a decade.
ZURICH - From expensive watches to chocolates and cement, Swiss industry is being battered by the coronavirus epidemic, data showed on Wednesday, with the country’s PMI survey sinking to its lowest level in more than a decade.
The Swiss Purchasing Managers’ Index for March fell to 43.7 points, its lowest since July 2009, and is likely to drop further, the authors said. [S8N2B2006] “Many service companies such as most shops and restaurants are banned from selling and are also facing delivery or purchasing problems. They have been hit more at first, but they will be quicker to recover.”
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Japan's factory activity shrinks at fastest pace since 2009, new orders slump: PMIJapan's factory activity contracted at the fastest pace in about a decade in March, as the world's third-largest economy struggled with a severe downturn in overseas and domestic demand due to the coronavirus crisis.
Lire la suite »
Dollar up, but yuan sluggish as traders skeptical of China PMI bounceThe dollar rose against the yen on Tuesday as Japanese investors and companies rushed to cover a shortage of the U.S. currency before their fiscal year end, but sentiment remained fragile as the global coronavirus crisis showed no signs of abating.
Lire la suite »
Swiss to expand emergency aid programme as coronavirus toll mountsSwitzerland is preparing more help for businesses flattened by the coronovirus epidemic, the government said on Wednesday, topping up the biggest economic aid package in Swiss history as the human toll mounted.
Lire la suite »
Swiss coronavirus deaths rise, government says infection wave could last into summerThe peak of Switzerland's coronavirus epidemic could stretch into later this spring or summer, the head of the Swiss government's communicable diseases division said on Tuesday, as the country's death toll continued to rise.
Lire la suite »
U.S. factory activity in March was weakest since 2009: IHS MarkitThe U.S. manufacturing sector contracted in March, with activity hitting its lowest level since 2009, as the coronavirus pandemic caused widespread shortages, a survey confirmed on Wednesday.
Lire la suite »
'It's retaliation': Amazon warehouse worker says he was fired after staging walkout'We all know this is retaliation. There’s no way around it. I took a huge stand, put my career on the line and I don’t regret it,' Smalls tells ABC News. 'I don’t know how they even sleep at night for doing that.'
Lire la suite »