South Korea Factory Activity Hits Highest Level Since 2022

South Korea's PMI rose to 53.6 in April as semiconductor demand boosted output. The expansion reached a four-year high despite record input cost inflation.

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South Korea factory activity rose to 53.6 in April, the highest reading since February 2022. The PMI climbed from 52.6 in March as semiconductor demand drove production and new orders. Sustained manufacturing expansion signals resilience despite rising input costs and supply chain disruptions from Middle East conflicts.

Semiconductor Demand Offsets Geopolitical Friction

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