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🌎US WHOLESALE INVENTORIES RISE 0.6%

🌎US WHOLESALE INVENTORIES RISE 0.6%

Day: 10 | Time: 16:47:20 According to a report from the Department of Commerce, wholesale inventories in the United States increased in May. Wholesale inventories rose by 0.6% compared to April, in line with economists' estimates. Wholesale sales also increased by 0.4% during the same period. With inventories and sales both growing, the wholesale inventory-to-sales ratio remained unchanged from the previous month at 1.35.