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US August wholesale inventories +0.5% vs +0.7% expected

Prior was +1.3% Wholesale sales +1.8% vs +0.8% prior US wholesale inventories measure the value of goods held for resale by merchant wholesalers, providing a snapshot of stockbuilding between producers and retailers or other business customers. Published monthly by the Census Bureau, the wholesale trade report includes sales and the inventories-to-sales ratio. An advance inventory estimate…

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