US business inventories for June 0.0% versus 0.1% expected

<ul><li>Prior month 0.2% revised to 0.0%</li><li>Business inventories for June 0.0% versus 0.1% expected. YoY inventories up 2.0%</li><li>Retail inventories 0.3% versus 0.0% last month</li><li>inventories to sales ratio 1.40. That is up from 1.33% in June 2022</li><li>June sales decreased -0.1% versus May and is down -3.1% from June 2022</li></ul>

This article was written by Greg Michalowski at www.forexlive.com.