South Korea's Factory Activity Reaches 4-Month High Driven by Export Boom

South Korea's factory activity expanded in September at its strongest pace in four months, with export demand hitting a 15-and-a-half-year high, primarily fueled by robust performance in the semiconductor and automotive sectors. The Purchasing Managers' Index (PMI) rose to 53.9, marking the tenth consecutive month of expansion. This surge in exports, particularly to Europe and Asia, indicates strong global demand for South Korean goods and positive implications for international trade and supply chains.