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June Business Inventories Preview...>

US DATA PREVIEW
US DATA PREVIEW: June Business Inventories Preview - 10:00 EDT/15:00 BST
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- June business inventories are expected to rise by 0.1% based on the Bloomberg
consensus and by 0.2% based on an MNI survey of analysts. This follows a 0.3%
gain in May.
- An MNI projection after the release of wholesale inventories suggested a flat
reading, so the median forecast points to an expected upward revision to retail
inventories. Wholesale inventories were flat in the month, while factory
inventories rose by 0.2%.
- Business sales are projected to rise by 0.2% pending a revision to retail
sales released earlier Thursday morning.