Wholesale inventories in the U.S. increased by less than anticipated in the month of March, according to a report released by the Commerce Department on Wednesday.
The Commerce Department said wholesale inventories rose by 0.3 percent in March after climbing by 0.9 percent in February. Economists had expected wholesale inventories to increase by 0.5 percent.
The weaker than expected growth in inventories came as a 0.8 percent increase in inventories of durable goods was partly offset by a 0.4 percent drop in inventories of non-durable goods.
The report also said wholesale sales climbed by 0.3 percent in March after jumping by 1.1 percent in the previous month.
Wholesale sales of non-durable goods surged up by 1.0 percent, while wholesale sales of durable goods fell by 0.3 percent.
With inventories and sales both rising, the inventories/sales ratio for merchant wholesalers was unchanged from the previous month at 1.26.
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Forex News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.