FXStreet (Córdoba) – Wholesales inventories of US companies dropped by 0.1% in October, still stockpiles relative to sales remained at a high level. Expectations were for a 0.1% gain.

Meanwhile, inventories in September grew just 0.2% revised down from the 0.5% increase initially reported.

Wholesales inventories of US companies dropped by 0.1% in October, but stockpiles relative to sales remained at a high level.

(Market News Provided by FXstreet)

By FXOpen