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US Business Inventories Rise for First Time in 2020

M. Ali 16 September, 2020 6:31 pm Market Update

Business inventories in the United States rose in July, for the first time in 2020, data showed on Wednesday.

Business inventories increased by 0.1% in July, after decreasing by 1.1% in June, according to the US Department of Commerce.

Retail inventories grew by 1.2%, while wholesale inventories fell by 0.3%.

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