• U.S. wholesale inventories increase in line with forecasts in January

Notícias do Mercado

8 março 2021

U.S. wholesale inventories increase in line with forecasts in January

The Commerce Department announced on Monday the U.S. wholesale inventories went up 1.3 percent m-o-m in January 2021, matching the preliminary estimates. This was the highest monthly gain since October 2020.

Economists had forecast the reading to stay unrevised at +1.3 percent m-o-m.

In December 2020, wholesale inventories rose 0.6 percent m-o-m (revised from 0.5 percent).

According to the report, durable goods inventories surged 1.2 percent m-o-m in January, while stocks of nondurable goods climbed 1.5 percent m-o-m.

In y-o-y terms, wholesale inventories increased 0.6 percent in January.

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