US wholesale inventories for October (F) +0.8% vs +0.7% expected

Wholesale inventories highlights

The final wholesale inventories for October rose by 0.8% versus 0.7% expected (and preliminary at 0.7%).

• The wholesale trade sales fell -0.2% versus 0.1% last ( revised from +0.2%).
• The stock to sales ratio came in at 1.28 months versus 1.27 months prior