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US business inventories for May comes in at 0.2% vs 0.1% estimate

Discussion in 'Technical Analysis' started by ForexLive, Jul 15, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Last month +0.1% The US business inventories increased by 0.2% in the current month vs 0.1% estimate. The prior month remains at 0.1%. Taken alone, the slightly higher inventories should help the GDP esitmates. The inventory to sales ratio came in at 1.40 vs 1.37 a year ago.

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