South Korea's manufacturing activity contracted at the most pronounced pace since June 2023 amid renewed declines in output and new orders, survey data released by S&P Global showed on Wednesday.
The factory Purchasing Managers' Index fell to 48.3 in September from 51.9 in the previous month.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.