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January wholesale inventories...............>

US DATA
US DATA: January wholesale inventories
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- Jan wholesale inv +1.2% vs +0.1% exp by both MNI and BBG. 
- Ex. autos, inv +1.2% and sales +0.3%, according to an MNI calc. 
- Wholesale dur inv +0.9% (auto +1.4%). Nondur inv +1.6% (petro +10.7%).
- Dur sales flat (autos +2.5%), nondur sales +0.9% (petro +1.1%).
- Inv/sales ratio 1.34, up from 1.33 in Dec and 1.28 yr ago. 
- Business sales tracking at +0.1% according to an MNI calc. 
- Business inv cannot be calculated due to missing adv retail inv data.

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