South Korea Manufacturing PMI Ticks Higher In January - S&P Global
(RTTNews) - The manufacturing sector in South Korea continued to expand in January, and at a faster pace, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 51.2.
That's up from 50.1 in December and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.
Demand for South Korean goods picked up at the start of 2026. New orders rose for the second month running, and at the fastest rate since June 2024. Demand, new products and exports were all highlighted as reasons for new business. The volume of new export business rose at the fastest clip since April 2021, with Mainland China, North America and Europe all reported as sources of growth.
The sustained, stronger increase in new orders led to renewed growth of production in January, only the second in the past 11 months. The rate of growth was modest, but the joint-strongest (with last September) since August 2024. Companies often linked higher output to new orders in both domestic and export markets, plus the impact of new product launches.
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