U.S. Business Inventories 0.7% vs. 0.5% forecast

Investing.com – U.S. business inventories rose more-than-expected last month, official data showed on Friday.

In a report, Census Bureau said that U.S. Business Inventories rose to a seasonally adjusted 0.7%, from -0.1% in the preceding month whose figure was revised up from -0.2%.

Analysts had expected U.S. Business Inventories to rise 0.5% last month.

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