Home / Market Update / US Business Inventories Rise in September

US Business Inventories Rise in September

Business inventories in the United States grew during the month of September by more than expected, data by the US Department of Commerce showed on Tuesday.

Business inventories increased by 0.7% in September after rising by 0.3% in August.

Meanwhile, retail inventories increased by 1.7% in September, up from an initial reading of a 1.6% rise.

Check Also

The Euro’s Moment? Weak US Data and ECB Action Set the Stage

The euro strengthened against the US dollar, with the EUR/USD pair climbing above 1.14. This …