South Korean factory activity hits strongest level since 2022
South Korea's manufacturing PMI rose to 52.6 in March. Strong semiconductor demand drove growth despite rising oil prices and regional geopolitical tensions.
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Manufacturing activity in South Korea accelerated to its most robust pace in over four years this March. According to a private-sector survey released by S&P Global Inc., the purchasing managers index (PMI) climbed to 52.6, marking a significant increase from February's 51.1 and reaching its highest level since February 2022.
