Investing.com - U.S. wholesale inventories rose more-than-expected in the last quarter, official data showed on Friday.
In a report, US Census Bureau said that U.S. Wholesale Inventories rose to a seasonally adjusted annual rate of 0.5%, from 1.3% in the preceding quarter whose figure was revised down from 1.4%.
Analysts had expected U.S. Wholesale Inventories to rise 0.4% in the last quarter.
In a report, US Census Bureau said that U.S. Wholesale Inventories rose to a seasonally adjusted annual rate of 0.5%, from 1.3% in the preceding quarter whose figure was revised down from 1.4%.
Analysts had expected U.S. Wholesale Inventories to rise 0.4% in the last quarter.