????1??PMI??

????:??????:????????

????????2?????????10???? ?(??“??????????”)10???,2025?1??(PMI)????48.7%,??,??????????????????????

??????????????,???????????,?????,1??????????????????????PMI???????????2.1%,??????48.7%?????,?????????????“?”??,???

???,?????????6???????????,????5.6%????????????????51.7%,??????????????,???????????????????????????,????,??????

????,?????,?????,???

???????????????,??????????????1?(NMI),???????27??????????????????????????????????????,??????????????????1????????????,????????????,??1.5%???55%,????????(???????) ?????????????:?????