US wholesale trade sales fall 0.6% in June

US wholesale trade sales fall 0.6% in June

Annually, wholesale trade sales up 2.4%

By Ovunc Kutlu

ISTANBUL (AA) - Wholesale trade sales in the US decreased by 0.6% in June, compared to the previous month, according to Commerce Department figures released Thursday.

Wholesale trade sales, also known as the total sales of merchant wholesalers except manufacturers’ sales branches and offices, stood at $661.5 billion.

The figure in May was slightly revised up to a gain of 0.5%, from an increase of 0.4% increase, to stand at $901.2 billion.

Annually, wholesale trade sales in June were up 2.4%, compared to the same month in 2023.

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