MOSCOW, September 15 (RIA Novosti) - Industrial output in Russia slowed down to zero growth year-on-year in August compared to 1.5 percent growth last month, the country's Federal Statistics Service (Rosstat) reported Monday.
Counting out the seasonality factor, industrial production decreased by 0.8 percent after showing a 0.5-percent increase in July, according to Rosstat.
Meanwhile, Russia's Economic Development Ministry increased at the end of August its overall forecast of industrial growth in 2014 to 1.7 percent from a previous estimate of one percent.
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