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

????:??????:???????ktv

??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????

???:??????