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????????????????????