The S&P Global South Korea Manufacturing PMI rose to 53.9 in September 2026 from 52.3 in August, marking the strongest expansion since May. Output and new orders increased at their fastest rates since early 2021, with demand boosted particularly by the semiconductor and autos sectors. Export orders rose at the fastest pace since March 2011, supported by stronger sales to Europe and other Asian markets. Backlogs increased for a ninth consecutive month and at the fastest pace since May 2022, prompting a modest rise in employment. Manufacturers also increased purchasing activity as firms prepared for stronger sales ahead, although stocks of inputs fell for a second month. Meanwhile, input cost inflation eased to its slowest pace since October 2025, while output price inflation also moderated. Business confidence improved to its highest level since January 2026, supported by stronger sales expectations and easing price pressures, amid expectations for further sales growth. source: S&P Global
Manufacturing PMI in South Korea increased to 53.90 points in September from 52.30 points in August of 2026. Manufacturing PMI in South Korea averaged 49.71 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 53.90 points in September from 52.30 points in August of 2026. Manufacturing PMI in South Korea is expected to be 52.50 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.