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