- Prior was +0.1% (revised to +0.2%)
- Inventories +0.6% vs +0.6% expected
- Prior inventories +0.6%
- Inventories -0.5% y/y
The inventory number will help to put a floor under Q2 GDP estimates while the better sales should add to optimism about Q3.
This article was written by Adam Button at www.forexlive.com.
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