USA: +0.2% wholesaler inventories in October
(CercleFinance.com) - US wholesaler inventories rose by 0.
2% in October compared with the previous month, according to the Commerce Department, following a symmetrical fall in September (confirmed against the initial estimate of -0.2%).
Wholesaler sales, meanwhile, fell by 0.1% in October. Despite these divergent trends, the stock clearance time remained more or less stable month-on-month, at 1.34 months.
Copyright (c) 2024 CercleFinance.com. All rights reserved.