- U.S. wholesale inventories increase in line with forecasts in April
Notícias do Mercado
9 junho 2021
U.S. wholesale inventories increase in line with forecasts in April
The
Commerce Department announced on Wednesday the U.S. wholesale inventories rose 0.8
percent m-o-m in April, being in line with the preliminary estimate of a 0.8
percent m-o-m advance. This was the smallest monthly gain since December 2020.
Economists
had forecast the reading to stay unrevised at 0.8 percent m-o-m.
In March,
wholesale inventories rose 1.2 percent m-o-m (revised from 1.1 percent).
According
to the report, durable goods inventories increased 0.7 percent m-o-m in April,
while stocks of nondurable goods went up 0.9 percent m-o-m.
In
y-o-y terms, wholesale inventories surged 5.2 percent in April.
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