According to the latest data released, a key indicator of the Germany’s manufacturing sector has fallen in the December so far resulting in a fall in the Euro and the shares in the region.

German manufacturing sector’s purchasing manager index fell to 46.3 in December compared to 46.8 in the previous month. On the index, any rating above 50 means expansion while that below 50 means contraction. The index measures overall manufacturing activity in the country.

The weak German data pushed shares down after a slight increase in the wider euro zone purchasing manager index had boosted sentiments. The euro zone purchasing manager index surveyed 000 businesses across the
17-nation union.

Today’s data showed that the prospects for the euro zone economy has not changed much today. STOXX50E lost gains and was trading at 2628.56 points London's FTSE 100, Paris's CAC-40 and Frankfurt's DAX were down between 0.1 and 0.2 percent. The indices had all opened in positive territory today.

Experts say that the German economy showed signs of being unaffected by the Eurozone debt crisis but the prolonged crisis might be beginning to impact the growth in Germany.