South Korea’s Service Sector Rebounds in February with 0.5% MoM Growth

South Korea’s service sector returned to growth in February 2026, with output rising 0.5% month-over-month, reversing a decline recorded at the start of the year. The latest data, updated on 30 March 2026, show a clear improvement from January 2026, when service sector output fell 0.2% compared with December.

Measured on a month-over-month basis, the February figure indicates that activity in the services industry strengthened after the earlier setback, suggesting a stabilization in domestic demand and service-related activity. The comparison underscores a shift from contraction to expansion within a single month, highlighting the sector’s short-term resilience after January’s dip.