Ekonomické zprávy

U.S. business inventories rise 0.3 percent in December

The Commerce Department announced on Wednesday that the U.S. business inventories rose 0.3 percent m-o-m in December 2022, following a downwardly revised 0.3 percent m-o-m gain (from +0.4 percent m-o-m) in November. That was in line with economists’ expectations of a 0.3 percent m-o-m increase.

According to the report, inventories at retailers jumped 0.7 percent m-o-m, while stocks at manufacturers increased 0.4 percent m-o-m and those at merchant wholesalers edged up 0.1 percent m-o-m.

In y-o-y terms, business inventories surged 12.1 percent in December.

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