Switzerland June manufacturing PMI 44.9 vs 42.3 expected

<ul><li>Prior 43.2</li></ul><p>Swiss manufacturing conditions improved in June but it still marks a contraction towards the end of Q2. This is the sixth month running that the reading runs below the 50.0 threshold as production remains in decline while a reduction in the order backlog suggests that near-term growth is unlikely.</p>

This article was written by Justin Low at www.forexlive.com.