- Prior was -0.3% (revised to -0.2%)
- Retail inventories ex autos +0.4% vs +0.3% prior
- Inventories down 1.6% from February 2023
This can be a lower-tier indicator but it surely feeds into GDP and the read-through is for a warmer Q1.
This text was written by Adam Button at www.forexlive.com.