The S&P Global South Korea Manufacturing PMI eased to 52.1 in June 2026 from 54.8 in May, marking the softest expansion in four months. Output and new orders continued to grow, though at their weakest pace of 2026, as higher raw material costs, supply shortages, and the impact of the Middle East conflict weighed on demand and production. Export orders declined for a second consecutive month, while backlogs of work rose at the fastest pace in just over four years amid delivery delays and a renewed decline in employment. Purchasing activity also moderated, although firms increased pre-production inventories at the fastest pace since November 2024 to mitigate supply disruptions. On the price front, input cost inflation remained elevated, driven by higher raw material prices and a weaker won, prompting manufacturers to continue raising selling prices. Meanwhile, business confidence fell to a seven-month low amid concerns over the domestic economy and persistently high prices. source: S&P Global
Manufacturing PMI in South Korea decreased to 52.10 points in June from 54.80 points in May of 2026. Manufacturing PMI in South Korea averaged 49.66 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 decreased to 52.10 points in June from 54.80 points in May of 2026. Manufacturing PMI in South Korea is expected to be 55.00 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.