Ekonomické zprávy
15.12.2021

U.S. business inventories jump 1.2 percent in October

The Commerce Department reported on Wednesday that the U.S. business inventories surged 1.2 percent m-o-m in October, following an upwardly revised 0.8 percent m-o-m increase (from 0.7 percent m-o-m) in the previous month.

This was slightly above economists’ forecast for a 1.1 percent m-o-m jump and represented the largest monthly advance since May 2011.

In October, the biggest gain occurred in inventories at merchant wholesalers (+2.3 percent m-o-m). Manufacturers (+0.8 percent m-o-m) and retailers' (+0.1 percent m-o-m) stocks also recorded increases in the reviewed period.

In y-o-y terms, business inventories jumped 7.8 percent in October.

Podívejte se také