• U.S. business inventories increase 0.6 percent in December

Market news

17 tháng 2 2021

U.S. business inventories increase 0.6 percent in December

The Commerce Department announced on Wednesday that business inventories rose 0.6 percent m-o-m in December, following an unrevised 0.5 percent m-o-m advance in November.

That exceeded economists’ forecast for a 0.5 percent m-o-m increase.

According to the report, stocks at retailers jumped 1.2 percent m-o-m, while inventories at manufacturers and wholesalers both rose by 0.3 percent m-o-m.

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