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US April wholesale inventories -0.2% vs +0.0% expected

US April wholesale inventories -0.2% vs +0.0% expected

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Adam Button
26/05/2023 | 12:30 GMT
  • US April wholesale and retail inventory data
US wholesale inventories
  • Prior was 0.0%
  • Retail inventories +% vs +0.3% prior

These numbers are an important input into GDP. In yesterday's Q1 revisions, we saw a slower inventory drawdown, which boosted GDP.

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