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Wholesale inventories gain slightly more than expected in September

Wholesale inventories gain slightly more than expected in September

U.S. wholesale inventories gained slightly more than estimated in September.

The Commerce Department said that wholesale inventories rose 0.4 percent in September, better than the 0.3 percent gain expected by economists surveyed by Refinitiv.

Wholesale inventories gained 0.9 percent in August, the biggest gain for the measurement since November 2016.

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