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Wholesale Inventories Rise in March
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The increase followed a 0.6% increase the prior month, Commerce said.
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Wholesale sales rose 2.4%, the most since November and the 12th straight monthly increase.
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Economists had forecast inventories to rise 0.5%, Bloomberg reported.
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Wholesale inventories account for about a fourth of total business stockpiles, while retailers and factories account for the rest.
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