The weak global demand is also having an increasing impact on Swiss industrial companies. The expectations for the business figures that will be published in the coming weeks are cautious.
Car production is sluggish, also to the chagrin of Swiss suppliers.
You have to look closely to discover sectors in the industry that are still on the upswing. In December 2022 showed in 14 of 21 sectors examined the purchasing managers’ index calculated by the market research company S&P Global indicates a shrinking output. It was basically only in the pharmaceutical and biotechnology sectors that things were going smoothly, while all other sectors without declining production, such as industrial services and the software house sector, saw only slight growth or stagnation.