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

??

??:???????????,??????????,??????????????