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Business inventories for February...........>

US DATA
US DATA: Business inventories for February decreased by -0.4%, in line with
market expectations. This decline follows a revised -0.3% drop in January
(previously -0.1%). February trade sales and manufacturers' shipments were down
-0.5% m/m. Merchant wholesalers showed the biggest drop overall, marking a -0.8%
drop in sales and a -0.7% drop in inventories. Retailers saw a -0.5% drop in
sales in February alongside a -0.3 decline in inventories that same month.

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