U.S. business inventories rose 0.3% in May to a seasonally adjusted $1.860 trillion, the Commerce Department said Friday.
Economists surveyed by The Wall Street Journal had forecast a 0.3% gain.
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Retailers increased stockpiles by 0.5%. The biggest jump came at auto dealers, where inventories advanced 1.1%. From a year earlier, auto inventories were up 7.5%.
Manufacturing inventories fell 0.1% from the prior month, and wholesaler inventories rose 0.4% from the prior month.
The Commerce Department data on business inventories can be found at
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(END) Dow Jones Newswires
July 14, 2017 10:19 ET (14:19 GMT)