{"id":61801,"date":"2026-08-31T21:15:44","date_gmt":"2026-09-01T01:15:44","guid":{"rendered":"https:\/\/newssprinters.com\/index.php\/world\/south-korea-factory-activity-logs-ninth-straight-month-of-expansion-pmi-shows\/31\/08\/2026\/"},"modified":"2026-08-31T21:15:44","modified_gmt":"2026-09-01T01:15:44","slug":"south-korea-factory-activity-logs-ninth-straight-month-of-expansion-pmi-shows","status":"publish","type":"post","link":"https:\/\/newssprinters.com\/index.php\/world\/south-korea-factory-activity-logs-ninth-straight-month-of-expansion-pmi-shows\/31\/08\/2026\/","title":{"rendered":"South Korea factory activity logs ninth straight month of expansion, PMI shows"},"content":{"rendered":"
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SEOUL, Sept 1 (Reuters) – South Korea’s factory sector recorded a ninth consecutive month \u200cof activity growth in August, underpinned \u200cby robust export demand, a survey showed on Tuesday. <\/p>\n
\u2022 \u200bThe purchasing managers index (PMI), published by S&P Global, stood at 52.3 in August, down from 53.1 in July, but staying above the \u200c50 mark separating \u2060expansion from contraction for a ninth consecutive month. <\/p>\n
\u2022 Manufacturers continued to \u2060report healthy new orders with a sub-index measuring new orders at 53.5 in August compared \u200bwith 54.8 \u200bin July, according \u200bto the survey. <\/p>\n
\u2022 “While \u200cAugust PMI data signaled an easing of overall new order growth across South Korean manufacturers, a robust increase in export demand \u2013 the strongest recorded since November 2020 \u2013 is an \u200cencouraging sign that firms \u200bare still benefitting from the \u200bcurrent AI \u200band semiconductor supercycle,” said David Owen, \u200can economist at S&P \u200bGlobal Market \u200bIntelligence. <\/p>\n
\u2022 Asia’s fourth-largest economy grew faster than expected in the second quarter, driven \u200bby a \u200csemiconductor export boom that offset a decline \u200bin construction investment. <\/p>\n
(Reporting by Cynthia Kim; \u200bEditing by Sam Holmes) <\/p>\n<\/p><\/div>\n