South Korea's Manufacturing PMI is published by S&P Global. It surveys purchasing managers across Korea's manufacturing sector, with 50 as the expansion/contraction threshold.

Why It Matters

Korea's manufacturing is heavily concentrated in semiconductors, automotive, and heavy industries. The PMI provides a timely read on production conditions, order backlogs, and export demand.

Market Impact

A PMI above 50 supports Korean won and equities, signaling healthy manufacturing activity. Below 50 raises concerns about the export-dependent economy's health.