The S&P Global South Korea Manufacturing PMI rose to 53.1 in July 2026 from 52.1 in June, signaling the third-strongest expansion in the past four years. Output and new orders grew at a faster pace, supported by stronger demand, particularly from the semiconductor and automotive sectors, while export orders increased for the first time in three months and at the fastest rate since April 2021. Employment rose for the fourth time in five months as firms expanded production, while purchasing activity remained solid despite ongoing supplier delays linked to the Middle East conflict. Input buying and pre-production inventories also increased as manufacturers sought to guard against further cost pressures and supply disruptions. Meanwhile, input cost inflation eased to its slowest pace since before the outbreak of the war, allowing firms to moderate increases in selling prices, while business confidence strengthened on expectations of sustained order growth and new product launches. source: S&P Global
Manufacturing PMI in South Korea increased to 53.10 points in July from 52.10 points in June of 2026. Manufacturing PMI in South Korea averaged 49.68 points from 2011 until 2026, reaching an all time high of 55.30 points in February of 2021 and a record low of 41.30 points in May of 2020. This page provides the latest reported value for - South Korea Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Manufacturing PMI in South Korea increased to 53.10 points in July from 52.10 points in June of 2026. Manufacturing PMI in South Korea is expected to be 54.90 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea Manufacturing PMI is projected to trend around 52.90 points in 2027 and 52.50 points in 2028, according to our econometric models.