In a promising turn for South Korea’s manufacturing sector, the S&P Global South Korea Manufacturing Purchasing Managers' Index (PMI) experienced a notable improvement for June 2025. According to the latest figures released on July 1, the PMI rose to 48.7, up from May's 47.7 indicator.
The rise, spanning one index point, suggests a modest but encouraging rebound towards stabilization as the industry navigates complex global economic challenges. While the PMI remains below the threshold of 50, dividing expansion from contraction, the upward trend indicates a deceleration in the contraction rate, offering potential optimism for future industry growth.
The upward movement in June could reflect early signs of easing supply chain issues and a possible uplift in domestic and international demand. As stakeholders remain vigilant, the South Korean manufacturing landscape eyes continued recovery with cautious optimism amid the persisting global economic uncertainties.
