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US April wholesale inventories +0.2% vs 0.0% expected

  • Prior was 0.0%
  • Sales +0.1% vs +0.6% prior (revised to +0.8%)

This is low tier data but it’s an important component in GDP and should lead to an uptick in Q2 estimates.

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

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