A report released by the Commerce Department on Friday showed business inventories in the U.S. increased in line with economist estimates in the month of June.
The Commerce Department said business inventories rose by 0.2 percent in June after coming in unchanged in May. The uptick matched expectations.
The modest increase by business inventories came as manufacturing and retail inventories both edged up by 0.2 percent, while wholesale inventories crept up by 0.1 percent.
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Forex News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.