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