FXstreet.com (Barcelona) - Swiss Purchasing managers index has declined, as expected, to a 54,9 level in June, from the 55.7 level posted in may, according to data released by Credit Suisse and the Association of Purchasing and Materials Management.

This data, the lowest since 2005, according to Credit Swiss, points out to a gradual and mild slowdown of the Swiss industrial activity which, at the moment, remains above the long term average of 54.5.