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

??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%? ????????????:???????