US wholesale inventories falls -0.8% vs -1.0% estimate

US wholesale inventories

• The US wholesale inventories for the month of March (Final) fell by -0.8% versus -1.0% estimate. The preliminary estimate was for -1.0%
• Wholesale trade sales for the month plunged -5.2% versus -3.0% estimate. The prior month came in at -0.7% (revised from -0.8%)