US wholesale inventories fall 0.1% in September

By Ovunc Kutlu

ISTANBUL (AA) - Wholesale inventories in the US decreased 0.1% in September, compared to the previous month, according to Commerce Department figures released Tuesday.

The figure, which measures the change in the total value of goods held in inventory by wholesalers, was estimated at $905 billion.

The figure for August was revised up from $904.8 billion to $905.6 billion, or from an increase of 0.1% to a gain of 0.2%.

Annually, wholesale inventories in September were up 0.5%, compared to the same month in 2023.