瑞郎/南非兰特 (CHFZAR) 加自选

南非经季节性调整的Absa采购经理人指数（PMI）从3月份的48.7降至2025年4月的44.7，表明该国工厂活动连续第六个月收缩，整体大幅收缩。调查对象表示，全球贸易紧张局势、国内政治不确定性、降雨过多以及计划停电的恢复是负面情绪的主要驱动因素。Absa表示：“由于增值税事件和政府内部公开的分歧，全球关税的发展和当地政治的不确定性可能会影响市场情绪。”。

The seasonally adjusted Absa Purchasing Managers’ Index (PMI) for South Africa dropped to 44.7 in April 2025 from 48.7 in March, indicating the sixth consecutive month of contraction in the country's factory activity and sharp overall. Survey respondents cited global trade tensions, domestic political uncertainty, excessive rainfall, and the return of scheduled power cuts as key drivers of negative sentiment. "Global tariff developments and local political uncertainty because of the VAT saga and open disagreements within the government likely weighed on sentiment," Absa said.

瑞士procure.ch制造业采购经理人指数从3月份的48.9降至2025年4月的45.8，创下9个月新低，低于市场预期的48.6。这是该指数连续第28个月保持在50点以下，表明该行业正在收缩。报告强调，过去一年，瑞士制造商越来越受到保护主义贸易措施的影响。关键组成部分显示出广泛的疲软：订单积压下降5.5点至44.6，采购量下降1.1点至44.1，就业下降3.7点至44.0，库存下降2.5点至41.5，成品库存下降4.4点至42.3，采购价格下降2.8点至47.8。唯一积极的发展是产量略有上升，上涨1.3点至49.7点，但仍处于收缩区间。

The Swiss procure.ch Manufacturing PMI dropped to 45.8 in April 2025 from 48.9 in March, marking a nine-month low and falling short of market expectations of 48.6. This was the 28th consecutive month the index remained below the 50-point threshold, indicating ongoing contraction in the sector. The report highlighted that Swiss manufacturers have been increasingly impacted by rising protectionist trade measures over the past year. Key components showed broad-based weakness: order backlogs fell 5.5 points to 44.6, purchasing volumes dropped 1.1 points to 44.1, employment slipped 3.7 points to 44.0, inventories declined 2.5 points to 41.5, finished goods stocks fell 4.4 points to 42.3, and purchasing prices eased 2.8 points to 47.8. The only positive development was a slight rise in production, which gained 1.3 points to 49.7, though it still remained in contraction territory.

瑞士SVME-4月份采购经理人指数为45.8，低于预期（48.6）。瑞士SVME-4月份采购经理人指数为45.8，低于预期（48.6）

Switzerland SVME - Purchasing Managers' Index came in at 45.8, below expectations (48.6) in April.Switzerland SVME - Purchasing Managers' Index came in at 45.8, below expectations (48.6) in April

2025年3月，瑞士零售额同比增长2.2%，高于上个月下调后的1.2%的增长率。这标志着零售贸易连续第九个月增长，这得益于食品、饮料和烟草（2月份为0.5%对0.7%）以及非食品（4.9%对1.0%）的进一步增长。信息和通信设备（23.3%对10.8%）、其他商品（4.1%对0.7%）和加油站（2.6%对2.8%）的涨幅显著。经季节性调整的月度数据显示，3月份零售贸易增长0.6%，从前一个月向上修正的1.3%的跌幅反弹。

Retail sales in Switzerland increased 2.2% year-on-year in March 2025, accelerating from a downwardly revised 1.2% growth in the previous month. This marked the ninth consecutive month of growth in retail trade, supported by further rises in food, beverages, and tobacco (0.5% vs 0.7% in February) and non-food products (4.9% vs 1.0%). Notable gains were seen in information and communication equipment (23.3% vs 10.8%), other goods (4.1% vs 0.7%), and service stations (2.6% vs 2.8%). On a seasonally adjusted monthly basis, retail trade rose 0.6% in March, rebounding from an upwardly revised 1.3% drop in the preceding month.