- U.S. wholesale inventories rise 0.4 percent in September
Market news
6 November 2020
U.S. wholesale inventories rise 0.4 percent in September
The Commerce Department announced on Friday the U.S. wholesale inventories rose 0.4 percent m-o-m in September, better than the preliminary estimate of a 0.1 percent m-o-m drop.
Economists had forecast the reading to stay unrevised at -0.1 percent m-o-m.
In August,
wholesale inventories increased 0.5 percent m-o-m.
According to
the report, durable goods inventories edged up 0.1 percent m-o-m in September,
while stocks of nondurable goods climbed 0.7 percent m-o-m.
Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerOpen Demo Account & Personal Page