By Karen Friar
LONDON (MarketWatch) -- Inflation in the euro zone remained stable at 0.5% in June from the same level in May, missing forecasts of a 0.6% reading ahead of the European Central Bank meeting on Thursday. The preliminary data for June from Eurostat, released on Monday, showed the weak inflation level largely was due to food, alcohol and tobacco prices, which fell 0.2% in June, compared with a rise of 0.1% in May. Prices were flat in the industrial-goods sector compared with a year ago. The euro USDEUR -0.08% was broadly unchanged after the release at around $1.3665.
