In line with expectations (Il Sole 24 Ore Radiocor) - Washington, 17 Sep - US manufacturing and trade inventories rose 0.4% to 1,880.7 billion dollars in July from a month before, the US Census Bureau said.

The reading matched economists' expectations.

Inventories were up 2.9% on the year.

Sales were up 1.1% compared to June and up 2.9% from July 2023.

The total business inventories/sales ratio based on seasonally adjusted data at the end of July was 1.37, unchanged from the July 2023 ratio.

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(RADIOCOR) 17-09-24 16:08:36 (0568) 5 NNNN