In light of analysts at TD Securities, Eurozone PMIs for December were generally disappointing, particularly manufacturing.

the main points
"French manufacturing fell from 51.7 to 50.3 (51.5 mkt), and reached its lowest level in 3 months, while German manufacturing fell from 44.1 to 43.4 (44.6 mkt), reflecting about half of the big gains that reached 2pt last month."

"Although there is some hope that the industry has finally found its place, today's results will leave more doubts about the recovery for Eurozone manufacturers."