?? 2025??1??????PMI?50% ???????3?
????:1???????????:?????
2??????????
3???????????
4???????????
5???????
?????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????????????????
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