According to the final report of the Ministry of Commerce, the volume of commodity stocks in wholesale warehouses in the USA in November increased by 0.8% compared to the previous month seasonally adjusted basis, after falling 0.4% in October (revised from (-0.5%).
Earlier it was reported that in November, wholesale inventories rose 0.7%. Analysts had expected the prior measure without revision.
Wholesale sales in November rose by 1.5% compared to the previous month after increasing 0.8% in October (revised from +0.7%).
The indicator of the ratio of wholesale inventories to sales, indicating the number of months it will take to wholesale companies to implement current reserves amounted to 1.24, compared to 1.25 in October.