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