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US Business Inventories Increase Solidly in June

Rabu, 17 Agustus 2022 | 21:49 WIB
US Business Inventories Increase Solidly in June

ILUSTRASI. US business inventories increased strongly in June amid signs of a large buildup of stocks in the retail sector despite a pickup in sales. REUTERS/Tom Brenner

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.


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