2025??????1???????PMI??50% ?3?

??2???????6? ??,????,2025??1??PMI????50%,?????????????????????????0.5???,?3????????,2025????1??,?PMI????????,?????13????50%????;???????????PMI????????????50%??,??????9???????50%?????;?????PMI??????????PMI?????????,??????50%???

?????????????,?,??????,???????????????????????,?????,????????????????????????????,??????,?????????;?,????

?????2025?????,????????2025??????«?????????????????»?????2025???????3.3%,????????2024???????10?0.1????????????«2025?????????»??????????????2025?????????????2.8%,????????????2024??????

????,???????????????,???????;??????,??????????;??2025?????????????????,???????????2025????????,?????

???????????,PMI??

2025?????1??????,????????PMI????????????????????47.8%,???????????1??,???????????2??????????,??????PMI?52%??????????;??PMI??,???50%??????????;???????PMI??,??????????????50%??

??,??????????????PMI??????,??????????48%???,?????????????????????????,???????????????????????????,2024????????????????(GDP)?????0.2%,???????????2025?????0.3%,??1.1%??????????????,??2025?1.1%??0.9%??????,????????,???????????,???,???6?????????

????????????????,PMI??50%?????

2025?????1?????????,?????PMI?????50.9%,?1.3??????????,?????3?????,?50%??????,???????????,???????????PMI?????,??50%?,??PMI??????????,?????50%???????????

??PMI?PMI??????ISM???????,2025?????1??,??????????PMI??????50.9%,??49.2%?????1.7??????,????????3????????????,?????,???????????????????????????,?????????,????52%??????,????????????????????????2????????????????????????????????????????????????4.25%-4.5%???????????????????????????,???????????CPI????????3%?????????????????????2024??12???????,????????CPI?? 2.9%?

?????????????????????,PMI????????????????????????????50%?????

2025?????????????????????1?????,??????PMI????49.4%,???????????0.8???????,????PMI??,????????52%,?????????PMI????50%?????????????????,?????????PMI??4??????,????46%????????,??PMI????????

??????????????????????????????????????,????????????,?,????,??????????????,????????????,??????????,?????,??2025????4.3%? ?????????????????????????????????

?,PMI???????????

2025??????1????????????,?????????????PMI??????????????????????????50.7%,?????0.4????????????????,????????????13?50%?????,????????,???????PMI???????PMI???????57%????????????????,???????????????????PMI??????50%????????????????;???????PMI??50%?????????????????????????????????????PMI??,?????50%?????????;????????PMI????????????????,?50%????????????????

??,???????????????,???????,???????????????,?????????????????????????????????«??»??????????????2025?4.6%,?2024??10?????0.1????????????????