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U.S. Wholesale Inventories -0.5% vs. -0.1% forecast

Published 2016-04-08, 10:00 a/m
U.S. Wholesale Inventories -0.5% vs. -0.1% forecast
Investing.com - U.S. wholesale inventories fell more-than-expected in the last quarter, official data showed on Friday.

In a report, US Census Bureau said that U.S. Wholesale Inventories fell to a seasonally adjusted annual rate of -0.5%, from -0.2% in the preceding quarter whose figure was revised down from 0.2%.

Analysts had expected U.S. Wholesale Inventories to fall -0.1% in the last quarter.

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