�???????????�

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

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