• U.S. business inventories edge up 0.1 percent in July

Notícias do Mercado

16 setembro 2020

U.S. business inventories edge up 0.1 percent in July

The Commerce Department announced on Wednesday that business inventories edged up 0.1 percent m-o-m in July, following an unrevised 1.1 percent m-o-m drop in June.

That was in line with economists’ forecast for a 0.1 percent m-o-m increase.

According to the report, stocks at retailers climbed 1.2 percent m-o-m in July, while inventories at manufacturers fell 0.5 percent m-o-m and those at wholesalers dropped 0.3 percent m-o-m.

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