US business inventories for April 0.3% vs 0.3% expected

Prior month -0.1% vs 0.0% prior

US business inventories for April, rose 0.3% versus 0.3% expected.

• The prior month was revised to -0.1% from 0.0%
• The inventory/Sales ratio comes in at 1.35 months worth versus the same level last month
• business sales rose 0.4% in March versus 0.6% previously (was 0.5%)