Ekonomické zprávy
25.04.2024

U.S. wholesale inventories decline 0.4 per cent in March

The Commerce Department reported on Thursday its advance estimate revealed that the U.S. wholesale inventories declined 0.4 per cent m-o-m in March, following a downwardly revised 0.4 per cent m-o-m increase (from -0.5 per cent m-o-m) in February. This marked the steepest monthly decrease in inventories since June 2023 (-0.5 per cent m-o-m).

Economists had forecast a 0.2 per cent m-o-m gain.

According to the report, the March decrease reflected a 1.1 per cent m-o-m fall in nondurable goods inventories. Meanwhile, durable goods inventories were unchanged m-o-m.

In y-o-y terms, wholesale inventories dropped 2.1 per cent in March, as a tumble in nondurable goods (-9.1 per cent) more than offset an increase in durable goods (+2.4 per cent) inventories.

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