A report released by the Commerce Department on Wednesday showed no change in U.S. business inventories in the month of March.
The report said business inventories were virtually unchanged in March after rising by 0.3 percent in February. Economists had expected inventories to be unchanged.
Business inventories came in flat as a 0.4 percent increase in manufacturing inventories was offset by a 0.3 percent drop in retail inventories and a 0.1 percent dip in wholesale inventories.
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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.