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US DATA: Dec wholesale inv +1.0%, sales +1.3%, ratio.

By   || February 9, 2012 at 15:10 GMT
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US DATA: Dec wholesale inv +1.0%, sales +1.3%, inv/sales ratio 1.15 vs
1.15 in Nov. Dec wholesale inventories ex. autos were +0.8% vs +0.1% in
Nov, an MNI calc shows. Total nondurables inv +1.3% on gains in every
category except farm products. Durables inv +0.7%, with autos +2.8%.
Wholesale sales +1.3%, with durables sales +2.4% and nondurables sales
+0.4%. Total wholesales sales +13.9% to $4.760 tln in 2011. Factory
inventories already reported +0.1% in Dec, so the outlook for business
inventory growth appears positive pending the retail inventories data
when they are released.

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