Economic Buzz: US Wholesale Inventories Speed Up In May
12-Jul-18   08:48 Hrs IST
US Commerce Department said wholesale inventories climbed by 0.6 percent in May after inching up by 0.1 percent in April. Inventories of durable goods rose by 0.5 percent in May after edging up by 0.2 percent, with the increase partly reflecting a jump in machinery inventories. The report said inventories of non-durable goods also climbed by 0.7 percent in May after coming in unchanged in the previous month.

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