US April wholesale inventories +2.3% vs +2.3% expected

• Prelim was +2.3%
• Prior was +2.6%
• Sales +1.7% vs +1.7% prelim

There's nothing surprising here but Q2 inventories are a key input in GDP. This was for March so it will factor into the Q1 data and highlights that we might not see an upward revision to the -0.4% advance estimate.