India, July 16 -- The Commerce Department released a report on Thursday showing business inventories in the U.S. increased in line with economist estimates in the month of May.
The report said business inventories rose by 0.3 percent in May after climbing by an upwardly revised 0.6 percent in April.
Economists had expected business inventories to rise by 0.3 percent compared to the 0.5 percent increase originally reported for the previous month.
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