U.S. business inventories up 0.6 percent in December

Market news

11 March 2019

U.S. business inventories up 0.6 percent in December

The Commerce Department reported on Monday that business inventories rose 0.6 percent m-o-m in December, following a revised flat reading in November (originally a drop of 0.1 percent m-o-m).

That was in line with economists’ forecast.

According to the report, retail (+0.9 percent m-o-m) and wholesale (+1.1 percent m-o-m) inventories increased in December, while manufacturing inventories were unchanged.

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U.S.: Business inventories , December 0.6% (forecast 0.6%)

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