USA, wholesale inventories fall beyond expectations in October

KKR sells more than 560 million worth of warehouses

(Finance) – The warehouse stocks in the United States. In the month of October 2023, according to what was communicated by the US Bureau of Census, there was a decrease of 0.4% to 897.1 billion dollars, compared to the change of -0.2% expected by analysts and the zero change of the previous month. On an annual basis there was a decrease of 2.3%.

In the same period the sales they fell 1.2% month-on-month to $667.9 billion. On year there was a decrease of 0.4%.

There inventory/sales ratio it is equal to 1.34 compared to 1.37 a year earlier.

(Photo: Photo by Hannes Egler on Unsplash)

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