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2026.07.3023:08:29UTC+00South Korea Industrial Output Growth Hits 6-Year High

South Korea’s industrial production surged 6.4% month-on-month in June 2026, rebounding from a downwardly revised 2.9% drop in May, the sharpest fall in seven months. This marked the first increase in industrial output in three months and the strongest expansion since June 2020, driven by a robust recovery in manufacturing (up 6.8% vs. down 3.2% in May), led in particular by the automobile sector. In contrast, services activity expanded at a more moderate pace, rising 0.7% after a 1.0% gain in the previous month. On a year-on-year basis, industrial production climbed 6.1% in June, reversing an upwardly revised 1.1% decline in May, which had been the first annual contraction in three months.

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