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US DATA: Jun Advance International Trade Gap -6.1%;Wholesale Inv -2.0%

MNI (Washington)

The U.S. international trade deficit fell to -USD70.6 billion in June, down
from -USD75.3 billion in May. Exports increased by USD12.5 billion and imports
rose by USD7.9 billion. Advance wholesale inventories reached USD626.6 billion
in June, down 2% from May, though still up 6.1% from a year earlier. Advance
retail inventories fell to USD588.2 billion in June, down 2.6% from May and
down 11.5% from June 2019.

MNI Washington Bureau | +1 202-371-2121 | brooke.migdon@marketnews.com
MNI Washington Bureau | +1 202-371-2121 | brooke.migdon@marketnews.com

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