Prior was +0.1% (revised to +0.2%)Inventories +0.6% vs +0.6% expectedPrior 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.
