South Korea’s industrial production grew 9% month-on-month in September 2026, recovering sharply from a revised 4.6% decline in August. It was the highest growth on record, as production manufacturing rebounded sharply to 9.9% after contracting 4.9%, mainly boosted by a jump in semiconductor production (19.2%). Production expanded at a faster pace for overseas markets (1.4% vs 0.3%), while declining at a much softer pace in the domestic market (-3.3% vs -5.8%). On an annual basis, industrial production expanded 3.6% in September, rebounding from a revised 1.7% decline in August, which was the first contraction since May. source: Statistics Korea

Industrial Production in South Korea increased 9 percent in September of 2026 over the previous month. Industrial Production Mom in South Korea averaged 0.56 percent from 1980 until 2026, reaching an all time high of 11.00 percent in September of 1987 and a record low of -11.00 percent in August of 1987. This page provides the latest reported value for - South Korea Industrial Production Mom - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Korea Industrial Production Mom - data, historical chart, forecasts and calendar of releases - was last updated on November of 2026.

Industrial Production in South Korea increased 9 percent in September of 2026 over the previous month. Industrial Production Mom in South Korea is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea Industrial Production Mom is projected to trend around 2.00 percent in 2027 and 0.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-09-29 11:00 PM
Industrial Production MoM
Aug -4.8% 0.5% 0.5% 0.5%
2026-10-29 11:00 PM
Industrial Production MoM
Sep 9% -4.6% 0.4%
2026-11-29 11:00 PM
Industrial Production MoM
Oct 9%


Related Last Previous Unit Reference
Capacity Utilization 106.70 105.50 points Sep 2026
Industrial Production YoY 1.20 -1.70 percent Sep 2026
Industrial Production MoM 9.00 -4.60 percent Sep 2026
Manufacturing Production YoY 1.60 -1.90 percent Sep 2026
Mining Production -5.40 2.20 percent Sep 2026
New Orders 15028340.00 9971134.00 KRW Million Sep 2026


South Korea Industrial Production Mom
In South Korea, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.
Actual Previous Highest Lowest Dates Unit Frequency
9.00 -4.60 11.00 -11.00 1980 - 2026 percent Monthly
2015=100, SA

News Stream
South Korea Industrial Output Growth Strongest on Record
South Korea’s industrial production grew 9% month-on-month in September 2026, recovering sharply from a revised 4.6% decline in August. It was the highest growth on record, as production manufacturing rebounded sharply to 9.9% after contracting 4.9%, mainly boosted by a jump in semiconductor production (19.2%). Production expanded at a faster pace for overseas markets (1.4% vs 0.3%), while declining at a much softer pace in the domestic market (-3.3% vs -5.8%). On an annual basis, industrial production expanded 3.6% in September, rebounding from a revised 1.7% decline in August, which was the first contraction since May.
2026-10-29
South Korea Industrial Output Surprisingly Falls
South Korea’s industrial production unexpectedly dropped 4.8% month-on-month in August 2026, falling well short of market expectations for a 0.5% increase and reversing an upwardly revised 0.5% rise in July. It was the first decline in industrial production in three months and the steepest decline since May 2020, with manufacturing contracting 5.1% (vs 0.4% in July), weighed down by the automobile industry. Manufacturing production contracted for both domestic (-5.5% vs 1.2%) and overseas (-0.2% vs 4.1%) demand. By contrast, services activity rose 0.5%, rebounding from a 1.4% drop in the previous month. On an annual basis, industrial production unexpectedly fell 2.2% in August, after an upwardly revised 4.0% growth in July, marking the first decline since May.
2026-09-29
South Korea Industrial Output Growth Eases to 0.2%
South Korea’s industrial production increased 0.2% month-on-month in July 2026, easing sharply from an upwardly revised 6.7% rise in June. It was the second consecutive month of growth in industrial production, though the pace slowed sharply from the strongest growth since February 2009, recorded in June, with manufacturing growth slowing sharply (0.2% vs 7.0% in June), supported by the electronic component segment. Manufacturing production eased for both domestic (1.1% vs 3.9%) and overseas (3.1% vs 5.1%) demand. Meanwhile, services activity fell 1.3%, reversing a 0.9% increase in the previous month. On an annual basis, industrial production rose 3.6% in July, after an upwardly revised 6.0% surge in June, marking the second consecutive month of increase.
2026-08-30