(CercleFinance.com) – Wholesalers’ inventories stagnated sequentially in May in the United States, according to the Commerce Department, after falling 0.3% the previous month (revised data, the initial announcement having a decline of 0.1% in April).
Sales by wholesalers, for their part, fell by 0.2% between April and May. At the rate of sales in May, it took 1.41 months for wholesalers to sell their inventories, a ratio to be compared to 1.40 the previous month.
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