U.S. business inventories gain 0.4% in October

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Source: RTT News
© Scanpix/AFP
Matching the economists expectation the U.S. business inventories increased in October, while business sales declined in the same month, the Commerce Department reported on Thursday. Business inventories advanced 0.4% in the month of October in line with forecast following a September's 0.7% gain, while a year-on-year increase in October was 5.7%.
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