Switzerland’s June 2026 Economic Outlook Improves Across Services, Manufacturing and Markets

Swiss service‑sector turnover surged 10.8 % in April 2026, the strongest monthly increase recorded by the Federal Statistical Office, indicating robust demand for trade, transport, hospitality and information services.

The KOF Economic Barometer for June rose to 101.2, up from 98.6 in May and above its long‑term average of 100. The gain was driven mainly by manufacturing, with foreign demand and private consumption also strengthening.

Industrial sentiment showed modest recovery: the SME Purchasing Managers’ Index edged up to 49.4 in June, while the broader UBS/UBS‑procured industrial PMI fell to 54.3 but stayed above the 50 growth threshold. Service‑sector PMI reached a four‑year high of 59.8.

Swiss equity markets opened the second half of the year modestly higher, with the SIX Swiss Exchange reporting a 39 % YoY rise in June trading turnover to CHF 116.8 billion. Company news included Lonza expanding a multi‑billion‑franc collaboration with a U.S. biotech firm and mixed earnings from other listed firms.

Overall, the data suggest a clearer recovery trajectory for Switzerland’s economy, supported by both external demand and domestic consumption.