• U.S. business inventories post a 0.5 percent rebound in April

Notícias do Mercado

14 junho 2019

U.S. business inventories post a 0.5 percent rebound in April

The Commerce Department reported on Friday that business inventories rose 0.5 percent m-o-m in April, following an unrevised flat m-o-m performance in March.

That was in line with economists’ forecast.

According to the report, inventories at wholesalers surged by0.8 percent m-o-m in April, while stocks at retailers and manufacturers rose by a respective 0.5 percent m-o-m and 0.3 percent m-o-m.

Retail inventories excluding autos, which go into the calculation of GDP, increased 0.4 percent m-o-m, after being flat m-o-m in the prior month.

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