FX.co ★ South Korea’s Service Sector Growth Accelerates in March, Marking Stronger Momentum

South Korea’s service sector posted a solid pickup in March 2026, with output rising 1.4% month-over-month, according to data updated on 29 April 2026. The improvement marks a notable acceleration from February 2026, when service sector output grew 0.3% compared with the previous month.

On a month-over-month basis, the latest figures indicate that activity in services — a key component of South Korea’s economy — gained traction heading into spring. The comparison shows that while February’s expansion was modest, March brought a significantly stronger pace of growth relative to the prior month’s performance.