US Business Inventories Increase Solidly in June

Sumber: Reuters | Editor: Anastasia Lilin Yuliantina

KONTAN.CO.ID - WASHINGTON. US business inventories increased strongly in June amid signs of a large buildup of stocks in the retail sector despite a pickup in sales.

Business inventories rose 1,4% after advancing 1,6% in May, the Commerce Department said on Wednesday. Inventories are a key component of gross domestic product. June's increase was in line with economists' expectations.