Russian industry down 0.8% in Jan, first drop since late 2009

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Russian industry down 0.8% in Jan, first drop since late 2009 - Rosstat

MOSCOW. Feb 15 (Interfax) - Russian industrial output fell 0.8% year-on-year in January, the Federal State Statistics Service (Rosstat) said.

This was the first monthly year-on-year drop since October 2009.

Analysts said in a consensus forecast for Interfax that they thought industry would grow 1.5% in January 2013.

Industry fell 1.5% on a seasonally adjusted basis in January.