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USA: -0.2% of business inventories in April

(CercleFinance.com) – After rising 0.2% in March 2021, corporate inventories in the United States fell symmetrically in April, according to the Commerce Department, a development roughly in line with what economists expected on average.

For their part, sales of American companies rose 0.6% in April compared to the previous month. Their inventory-to-sales ratio stood at 1.25, compared to 1.73 at the end of April of the previous year.

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