FXstreet.com (Barcelona) - Wholesaler's inventories remained unchanged in October, after increasing by an upwardly revised 0.6% in September, according to the latest information by US Census Bureau.
Market expectations were a increase by 0.4% in October compared with September. On yearly basis, inventories rose by 4.6%. Durable goods inventories declined by 0.1% in October following the 0.5% increase posted in September. Non durable goods inventories rose by 0.1% in October, while petroleum rose by 3.7% and farm product fell by 1.2%.
Wholesaler's sales increased by 0.7% in October following an upwardly revised 1.4% rise in September. The initial estimation for September was an increase by 1.3%. Durable goods sales rose by 0.6% in October, following the 0.2% increase posted in September. Non durable goods sales rose by 0,7% in October.