FXstreet.com (Barcelona) - Manufacturing activity has expanded on Switzerland in February although at a slower pace than it did in January, according to the latest PMI manufacturing Survey published by the Swiss Purchasing Managers Association.

In February, the Swiss manufacturing PMI index has declined to 60.5 from 61.6 in January, which has been revised down to 61.6, from the previously estimated 61.6 reading.

The Swiss manufacturing sector's activity, thus, continued growing at a robust pace in February, as figures above 50 show expansion of the sector, while figures below 50 indicate contraction.