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    Wholesale inventories in the U.S. rises 0.3% in January | 10.03.2015

     

    The U.S. Commerce Department released wholesale inventories on Tuesday. Wholesale inventories in the U.S. rose 0.3% in January, missing expectations for a flat reading, after a flat reading in December. December's figure was revised up from a 0.1% increase.

     

     

    Inventories of durable goods increased 0.6% in January, while inventories of non-durable goods fell by 0.1%.

     

     

    Wholesale sales declined by 3.1% in January, the largest decline since March 2009, driven by a 4.6% fall in sales of non-durable goods.


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