US wholesale sales March 2018 0.3% vs 0.5% exp m/m

March 2018 US wholesale sales and revised inventory data 9 May 2018

• Prior 1.0%
• Inventories revision 0.3% vs 0.5% exp m/m. Flash 0.5%. Feb 1.0%
• Inventory/sales ratio 1.26 months unch

The component relative to GDP is the ex-autos inventories and that rose 0.4%

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Ryan Littlestone

Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”

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