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The euro zone's current account swung sharply into deficit in May as exports fell and imports surged, data published Thursday revealed.

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Money supply growth in the euro zone eased in June reflecting slowing credit growth, but there is little sign corporate lending is being significantly squeezed.

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The relentless rise in euro-zone consumer prices continued in July, as the annual rate of inflation hit a fresh record high.

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The euro zone's seasonally adjusted jobless rate held steady at 7.3% in June, data from the European Union statistics agency Eurostat showed Thursday.

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The euro zone recorded a foreign trade deficit in June, defying market expectations for a surplus as import growth outstripped the increase in exports.

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