USA: +1.8% wholesale inventories in June


(CercleFinance.com) – Wholesale inventories rose 1.8% in June sequentially in the United States, according to the Commerce Department, after rising 1.9% the previous month (revised figure of a initial estimate which was +1.8%).

Wholesale sales increased by 1.8% in June. At the current rate of sales, it takes US wholesalers 1.26 months to clear their inventory, up from 1.21 in June 2021.

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