Wholesale Inventories Rise 0.8% in February
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From Bloomberg News
Inventories at U.S. wholesalers increased more than expected in February as suppliers restocked shelves to keep pace with demand.
The value of wholesale stockpiles climbed 0.8% to $365.5 billion after increasing a revised 0.2% a month earlier, the Commerce Department said. The February gain was held back by lower petroleum prices.
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