US: Wholesale inventories for Aug were estimated at $608.4 bln, up 1.0% from July 2017
|"Wholesale inventories for August, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $608.4 billion, up 1.0 percent from July 2017, and were up 4.6 percent from August 2016," the U.S. Census Bureau said on Thursday.
Key quotes:
- The June 2017 to July 2017 percentage change was unrevised at up 0.6 percent.
- Retail inventories for August, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $625.0 billion, up 0.7 percent from July 2017, and were up 3.7 percent from August 2016.
- The June 2017 to July 2017 percentage change was revised from down 0.1 percent to virtually unchanged.
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