• U.S. wholesale inventories decrease less than initially estimated in March

Notícias do Mercado

8 maio 2020

U.S. wholesale inventories decrease less than initially estimated in March

The Commerce Department announced on Friday the U.S. wholesale inventories fell 0.8 percent m-o-m in March instead of declining 1.0 percent m-o-m as previously reported. That was the biggest decline in inventories since September of 2011.

Economists had forecast the reading to drop 1.0 percent m-o-m. In February, wholesale inventories dropped 0.6 percent m-o-m.

In y-o-y terms, wholesale inventories decreased 1.7 percent in March.

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