The release of Purchasing Managers Index reports from across the Eurozone have shown contraction within the German manufacturing sector.

The report of a slowdown in both the countries services and manufacturing sectors is a surprise in a country that is renowned for its strong industry performance and stability, despite the impact of the recession on Europe.

The German private sector as a whole is shrinking for the first time since last November, with Europe’s largest economy struggling to maintain growth.

The release of poor PMI results has led to expectations of poor GDP performance from second quarter reports.

The results are likely to shake confidence in European industry as even Germany is unable to remain exempt from the European economic crisis.

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