??1??PMI????

????:????vx:????????

?2?????10??????? ???????(????????????????????????“?”)10?????????????,2025?????????1????????????(PMI)?48.7%,???,???

???????????????????????,????????,????,1????????????????PMI?2.1%,?????48.7%???,?????“????”?,??????????????????

?????????????????????,???????????????????????????6????????,???????????5.6%?????????51.7%,?????????,?,??????????????,???????????????????????

?????????,??????,????????????,?????

???,??????????????1??(NMI),?????????????27???????,???1???,?????????????,???????????1.5%????55%,?????(????????????) ?????:???