US business inventories for January 0.3% vs 0.3% estimate ...Middle East

Prior month -0.2%Business inventories 0.3% vs 0.3% estimateRetail inventories ex auto prior month -0.1% Retail inventories for January 0.5%Sales: $1,896.5B in January (-0.8% MoM, +3.5% YoY).Inventories/Sales Ratio: 1.37 (vs. 1.38 in January 2024).

The YoY business inventories rose 5.0% and 3.2% ex auto.

This article was written by Greg Michalowski at www.forexlive.com.

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