A report from Industrial Info Resources shows that industrial production in the Euro zone rose by 0.6 percent in July from the previous month, with a better-than-expected market consensus of 0.1 percent.

The rebound was almost entirely due to a 2.4 percent increase in capital goods, led by a 1.3 percent increase in German output.

Manufacturing activity rebounded by 1.0 percent month-over-month after a 0.7 percent dro in June, according to figures published by Eurostat, the European unios (EU) official statistics agency.

Francois Cabau, an economist at Barclays Capital in London was quoted in the report as saying, At the end of second quarter, the industrial production carryover was -0.1 percent.

Assuming August and September to be flat, latest figure implies a 0.5 percent quarter-to-quarter rise in third-quarter 2012, which would be the first positive print since the third quarter of last year.

To read the full report go to: www.industrialinfo.com