In line with expectations (Il Sole 24 Ore Radiocor) - Washington, 18 Jun - US manufacturing and trade inventories rose 0.3% to 2,545.2 billion dollars in April from a month before, the US Census Bureau said.

The reading matched economists' expectations.

Inventories were up 1.0% on the year.

Sales were up 0.3% compared to March and up 2.2% from April 2023.

The total business inventories/sales ratio based on seasonally adjusted data at the end of April was 1.37. The April 2023 ratio was 1.38.

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(RADIOCOR) 18-06-24 16:04:54 (0508) 5 NNNN