US May wholesale data
Prior was +0.8% m/m
Inventories +0.6% vs +0.5% expected
Prior inventories +0.8% (revised to +1.4%)
That's a nice print and will lead to some higher GDP forecasts Q2.
Prior was +0.8% m/m
Inventories +0.6% vs +0.5% expected
Prior inventories +0.8% (revised to +1.4%)
That's a nice print and will lead to some higher GDP forecasts Q2.
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