The second wave is already causing damage: the recovery of the Swiss economy is slowing down

The skyrocketing number of corona infections has a measurable effect on the Swiss economy.

Curfew at 11 p.m.: The tightened measures against the increasing number of infections are putting pressure on bars and restaurants. Glance into the La Cigogne restaurant in Delemont.

Jean-Christophe Bott / Keystone

The corona virus slowed the Swiss economy in October. The purchasing managers index (PMI) of Credit Suisse (CS) and the professional association Procure for the industry fell by 0.7 points in October, according to a statement on Monday. With a value of 52.3 points, the PMI is still above the growth threshold of 50 points, but the recovery has lost momentum.