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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
South KoreaSouth Korea Manufacturing PMI fell to 51.1 in February 2026
FMPMonthlyReleased March 2026
South Korea Manufacturing PMI fell to 51.1 in February 2026, released March 2026, down 0.1 from January's 51.2 reading.
Latest Release
51.100000
Actual
—
Consensus
51.200000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
THE RELEASE
Manufacturing PMI (South Korea) was reported at 51.10 in March 2026. The reading fell from the previous value of 51.20. Trailing 12-month context per ETL data through March 2026. Over the past 12 months, the indicator has averaged 49.78, ranging from 48.00 to 51.20 across 8 releases.
WHY IT MATTERS
The trailing three releases averaged 50.80, up from the prior three at 49.83.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with BTC/USD (Bullish BTC).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Consumer Confidence (Jun 22) and Business Confidence (Jun 24).
Auto-generated from current model state · Refreshes on each release · Last update March 2026.
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Manufacturing PMI - KR
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About Manufacturing PMI — South Korea
DEFINITION
Manufacturing PMI (Purchasing Managers' Index) is a key economic indicator that measures the health of the manufacturing sector in a country. It is based on a monthly survey of purchasing managers from various industries, providing valuable insights into production levels, new orders, employment, and supplier deliveries. A PMI reading above 50 indicates expansion in the manufacturing sector, while a reading below 50 suggests contraction. This widely followed indicator is used by investors, businesses, and policymakers to assess the overall economic performance and make informed decisions.
WHY THIS INDICATOR MATTERS
Sentiment surveys are forward-looking inputs that often lead hard data on output and hiring. Sharp swings can drive cross-asset repricing. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Feb 2026): actual 51.1. Prior reading (Jan 2026): 51.2. Before that (Dec 2025): 50.1.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with BTC/USD (Bullish BTC, r=0.95) — a useful reference for crypto-focused traders.