U.S. industrial production rises, consumer prices steady

(Aug. 15, 2012) -- U.S. industrial production (IP) rose 0.6 percent in July 2012 following a downwardly revised 0.1 percent (was 0.4 percent) gain in June. July consumer prices unexpectedly showed no change in the month rather than rising 0.2 percent as had been expected, RBC Economics reported.