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- U.S final wholesale inventories rose more than expected in May
U.S final wholesale inventories rose more than expected in May
Total inventories of merchant wholesalers, except manufacturers' sales branches and offices, after adjustment for seasonal variations but not for price changes, were $633.5 billion at the end of May, up 0.6 percent (±0.2 percent) from the revised April level. Total inventories were up 5.9 percent (±3.7 percent) from the revised May 2017 level. The April 2018 to May 2018 percent change was revised from the advance estimate of up 0.5 percent (±0.2 percent) to up 0.6 percent (±0.2 percent).
The May inventories/sales ratio for merchant wholesalers, except manufacturers' sales branches and offices, based on seasonally adjusted data, was 1.24. The May 2017 ratio was 1.31.
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