India, June 17 -- Business inventories in the U.S. increased in line with economist estimates in the month of April, according to a report released by the Commerce Department on Wednesday.

The Commerce Department business inventories climbed by 0.5 percent in April after jumping by an upwardly revised 1.0 percent in March.

Economists had expected business inventories to rise by 0.5 percent compared to the 0.9 percent growth originally reported for the previous month.

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