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In December, the Japanese manufacturing PMI index compiled jointly by Jibun Bank and Markit was revised to 54.3 points from the 54.2 points disclosed in the preliminary reading. The data confirmed the expansion phase, as it is higher than 50 points, the dividing line between the contraction phase – values below – and the phase of expansion (values above). The figure marked a slight drop from 54.5 in November, when it tested its four-year high.