3:00 PM · 9 October 2024

BREAKING: US Wholesale sales slightly weaker than expected

US Wholesale Sales (August) MoM: -0.1% (Forecast 0.4%, Previous 1.1%)

Wholesale inventories (August) MoM Rev.: 0.1% (Forecast 0.2%, Previous 0.2%)

Overall today US wholesales report signals that wholesale sales dynamic weakened in August, while the scale of this monthly decline is not very big (and comes after quite strong rebound of 1.1% in July).

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