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?????????