??�????????????�????

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

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