Südkorea Einkaufsmanagerindex Verarbeitendes Gewerbe

The S&P Global South Korea Manufacturing PMI rose to 51.9 in August 2024 from 51.4 in July, signaling stronger improvement and expanding for the fourth consecutive month, albeit at a modest pace overall. Latest data pointed to sustained and stronger increases in both output and new orders in the South Korean manufacturing sector amid growing signs of client confidence. Positive signals also stemmed from a slower increase in average cost burdens, as the rate of input price inflation was at the weakest in the year so far. Moreover, the degree of optimism regarding the 12-month outlook for output picked up for the second successive month, and was the strongest since May. Meanwhile, inflationary pressure remained prevalent at the midpoint of the third quarter of 2024. That said, the rate of input price inflation eased from July to reach the lowest in eight months.