Economy
US wholesale inventories rise 0.2% in February, in line with estimates
Wholesale inventories up 12.2% annually
Ovunc Kutlu |
28.03.2023 - Update : 28.03.2023
ISTANBUL
US wholesale inventories rose 0.2% in February, in line with market estimates, according to Commerce Department data released Tuesday.
The figure, which measures the change in the total value of goods held in inventory by wholesalers, stood at $920.3 billion last month.
The January figure was revised to a 0.5% decline, from a decrease of 0.4%.
Wholesale inventories in February are up 12.2% compared to the same month last year.
