Wholesale Inventories Rise

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Inventories at U.S. wholesalers rose by a larger-than-expected 0.5 percent in August, Commerce Department data showed on Friday, as stockpiles of petroleum, alcohol and paper climbed.


Wall Street analysts had forecast a 0.3 percent advance in stocks after an upwardly revised 0.1 percent gain in July. July’s measure had initially been reported as a 0.1 percent decline.


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