Investing.com - U.S. wholesale inventories rose more-than-expected in the last quarter, official data showed on Thursday.
In a report, US Census Bureau said that U.S. Wholesale Inventories rose to a seasonally adjusted annual rate of 0.7%, from 0.3% in the prior quarter whose figure was revised up from 0.1%.
Analysts had expected U.S. Wholesale Inventories to rise 0.3% in the last quarter.
In a report, US Census Bureau said that U.S. Wholesale Inventories rose to a seasonally adjusted annual rate of 0.7%, from 0.3% in the prior quarter whose figure was revised up from 0.1%.
Analysts had expected U.S. Wholesale Inventories to rise 0.3% in the last quarter.