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    09.03.2016 15:32 Wholesale inventories in the U.S. rise 0.3% in January

    The U.S. Commerce Department released wholesale inventories on Wednesday. Wholesale inventories in the U.S. rose 0.3% in January, beating expectations for a 0.2 decline, after a flat reading in December. December's figure was revised up from a 0.1% decline.

     

    The rise was driven by an increase in inventories of non-durable goods. Inventories of non-durable goods increased 1.1% in January, while inventories of durable goods fell 0.3%.

     

    Wholesale sales slid 1.3% in January, after a 0.6% fall in December.


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