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

????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%? ?????????????????????????????:???????