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US May wholesale sales +0.4% vs +0.1% expected

Started by forex4you, Jul 10, 2024, 08:10 pm

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Jul 10, 2024, 08:10 pm
US May wholesale sales +0.4% vs +0.1% expected

  • Prior was +0.1% (revised to +0.2%)
  • Inventories +0.6% vs +0.6% expected
  • Prior inventories +0.6%
  • Inventories -0.5% y/y

The inventory number will help to put a floor under Q2 GDP estimates while the better sales should add to optimism about Q3.



                This article was written by Adam Button at www.forexlive.com.

Source: US May wholesale sales +0.4% vs +0.1% expected

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