The manufacturing sector in South Korea climbed into expansion territory in September, the latest survey from S&P Global revealed on Wednesday with a manufacturing PMI score of 50.7.
That's up from 48.3 in August and it moves above the boom-or-bust line of 50 that separates expansion from contraction.
There were renewed increases in the two main components of the headline PMI - output and new orders. The modest rise in production ended a six-month sequence of decline and was the most marked since August 2024. Meanwhile, new orders expanded for the first time since February, albeit marginally.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.