While April subindexes indicate strong activity in the industrial sector, the gradual increase in employment ended last month, and "the coming months will show whether companies restrained position on the issue of recruitment trend reversal or just a temporary aberration" - Credit Suisse analysts said Group AG, who participate in the construction of the index.
Released PMI index contrasts with the Swiss KOF leading indicator for April, which was published on Wednesday: KOF index fell on the results for the second month in a row.
Nevertheless, the prospects for the Swiss economy supported with data from neighboring Germany, the largest individual market for Swiss products. Business sentiment in Germany, as the data about the mood in the business environment Ifo, published last week, improved in April, indicating the stability of Europe's largest economy, despite the uncertainty in the Ukraine.
Ministry of Economy of Switzerland predicts growth of this year by about 2.2% due to the increase in exports to the eurozone and the Swiss National Bank forecast assumes an increase of about 2%.