The Commerce Department announced on Friday that business inventories rose 0.3 percent m-o-m in March, following a revised 0.6 percent m-o-m gain in February (originally a 0.5 percent m-o-m increase).

That was in line with economists’ forecast for a 0.3 percent m-o-m advance.

According to the report, stocks at wholesalers jumped 1.3 percent m-o-m, while inventories at manufacturers rose by 0.7 percent m-o-m. At the same time, stocks at retailers declined 1.4 percent m-o-m.

In y-o-y terms, business inventories remained unchanged in March.