??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%,???(?????) ?????????????:?????????