KIEV, Sept. 1 - The Economy Ministry has revised downwards its industrial output growth forecast for 2005 from 12% to 6.5%.

As the ministry reported in an analytical overview posted on its official web site, "industrial production growth will be at 4% January through September, over the year the figure will not top 6.5%, while at the same time the average monthly growth will be 9.5%, which is a quite optimistic scenario."