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US February wholesale inventories +0.2% vs -0.4% prior

US February wholesale inventories +0.2% vs -0.4% prior

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Adam Button
28/03/2023 | 12:30 GMT
  • US wholesale and retail inventory data
  • Prior was -0.3% (revised to -0.5%)
  • Retail inventories ex autos +0.4% vs +0.1% prior (revised to 0.0%)

The revisions mostly cancel out some good numbers but, on net, it looks like inventories will be a drag on Q1 GDP.

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