????????????????:2025?1?????

????:?????:????wx?

?1???????????????????27? ?????,1????????????????????????????27?,????????????,??,2025????1???????????????????????????

1???????????,?????????????????????????,????????49.1%,????1.0?????????????;?????????????50.2%,?????????????????2.0?????,?????????????????????;?PMI???50.1%,???????????55.3%????56.7%,??????????????,???

????,?

1?,?PMI???????????????????49.1%,??

(????????????????)????????????????????????????????????????,?????49.8%??49.2%,????2.3???????1.8????????,?????????,?????????????????51.5%,???????????;??????????????????????????,?????????????????????????

(?????)????????????????????????????????????????PMI????????????????????49.9%?49.5%?????46.5%,???????????????????????0.6?1.2?????2.0????????????????,??????????51.3%????50.6%,????????????????????;????????????

(?????)????????????????????????????,????PMI??????50.2%,?????????0.4???,?6??;?????????????????????????????PMI???????49.3%?49.1%????????47.6%,????????0.4?2.3?1.2??,???????????????????

(????)???????????????49.5%???????47.4%,??1.3????????0.7??????????,??,????,??

(?????????)????????55.3%,???????2.0????,?,??????????????????,???????????????????????????????????60.0%???????????,????

????????????

1?,????50.2%,????2.0????,???????????????,??

(????)??????????????????50.3%,?1.7???????????????????,??????????????????????????????????,????,???????????????????????????????????,????????;?????????????????????55.0%??,????,????????56.8%,????,???????????????

(?????????)??????????????????,??,??????49.3%,?????????????????????,??????????56.5%,?0.6?????,?????,??????

??????PMI??????

1???????,???????????????PMI????50.1%,?????????????????????????????2.1?????????????,??,?????????????PMI?49.8%???????????50.2%? ?????????:??