The S&P Global South Korea Manufacturing PMI came in at 51.1 in February 2026, easing marginally from 51.2 in January but signaling a third straight month of expansion in factory activity. Firms reported firmer output growth alongside a solid increase in new orders. Manufacturers frequently cited a strengthening semiconductor industry, which lifted sales to both domestic and overseas clients and shaped purchasing activity during the month. However, corporate restructuring efforts and the non-replacement of departing staff led to the sharpest contraction in employment since September 2020. At the same time, companies indicated a continued and pronounced rise in operating costs, largely attributed to elevated raw material prices and exchange rate volatility. Looking ahead, sentiment toward the year-ahead outlook remained positive midway through the first quarter, supported by the ramp-up in mass production of newly launched products and further gains in both domestic and external demand. source: S&P Global
Manufacturing PMI in South Korea decreased to 51.10 points in February from 51.20 points in January of 2026. Manufacturing PMI in South Korea averaged 49.58 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 51.10 points in February from 51.20 points in January of 2026. Manufacturing PMI in South Korea is expected to be 51.30 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 51.20 points in 2027, according to our econometric models.