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

??

??:???????????,??????????,??????????????