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US September wholesale inventories +0.7% vs +0.6% expected

FxGain News Newsdesk · · reported by 1 source

US September wholesale inventories +0.7% vs +0.6% expected

What we know so far

investingLive (Nov 9, 21:05): Prior was +0.5%Wholesale sales +2.8% vs 1.8% prior (revised to +2.0%)The inventory number is slightly positive for Q3 GDP.For background, the Census Bureau’s monthly wholesale trade report, formally Monthly Wholesale Trade: Sales and Inventories, is released at 10 am ET about five to six weeks after the reference month ends. It covers merchant wholesalers, the businesses that buy goods from…

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