South Korea’s service sector output swung into contraction in April 2026, reversing the previous month’s gain, according to the latest data updated on 28 May 2026. On a month-over-month basis, service output fell by 1.0% in April, after having expanded by 1.5% in March.
The figures show a clear month-to-month shift in momentum: while March 2026 recorded positive growth compared with February, April’s reading indicates a broad-based pullback versus March. The data highlight rising short-term volatility in South Korea’s service activity, with the sector losing traction just one month after a solid uptick.
