US wholesale inventories for January (revised) -0.3 versus -0.1% preliminary ...Middle East

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US wholesale inventories for January (revised) -0.3 versus -0.1% preliminary
Prior month +0.4%.Preliminary inventories -0.1%Wholesale sales month-to-month January -1.7% versus 0.5% expected.Prior period for wholesale sales +0.3% versus 0.7% previously reportedSummary of the sales: Worst since March 2023January 2024 sales for merchant wholesalers, excluding manufacturers’ sales branches and offices, were $657.2 billion after adjustments for seasonal variations and trading day differences.Sales in January 2024 saw a decrease of 1.7% (±0.4%) from the revised December 2023 level.Compared to the revised January 2023 level, sales in January 2024 were down by 1.5% (±0.9%).The November to December 2023 sales change was revised from an initial estimate of a 0.7% increase (±0.

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