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US February wholesale inventories +0.5% vs -0.3% prior

  • Prior was -0.3% (revised to -0.2%)
  • Retail inventories ex autos +0.4% vs +0.3% prior
  • Inventories down 1.6% from February 2023

This is a lower-tier indicator but it feeds into GDP and the read-through is for a hotter Q1.

This article was written by Adam Button at www.forexlive.com.

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