FX.co ★ South Korea's Service Sector Bounces Back in September: A 1.8% Surge

South Korea's service sector has shown a remarkable rebound in September 2025 with output increasing by 1.8% compared to the previous month. This marks a significant recovery from August's contraction of 0.7%, which had raised concerns about the industry's resilience amidst fluctuating economic conditions.

The latest data, updated as of October 30, 2025, highlights a positive trajectory for the sector, emphasizing its pivotal role in South Korea's economy. The month-over-month comparison indicates that the service sector has not only regained its footing but is also faring better than anticipated following a period of decreased activity.

The September upswing reflects a strong comeback, potentially driven by strategic adjustments and a focus on innovation across various service industries. As South Korea continues to navigate the complexities of the global economic landscape, the restored growth in the service sector offers a promising outlook for the nation's overall economic recovery and stability.