US business inventories for April 0.5% versus 0.5% estimate

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Procurement-Newz
in

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US business inventories for April 2019

US business inventories

The US business inventories for April came in at 0.5% which was spot on the expectations. In April, inventories came in unchanged.

  • business sales -0.2% versus March +1.3%
  • April retail inventories ex-autos unrevised at +0.4%
  • inventory to sales ratio 1.39 months versus 1.38 months in March

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