India, Aug. 6 -- A report released by the Commerce Department on Thursday showed wholesale inventories in the U.S. increased by slightly less than expected in the month of June.
The Commerce Department said wholesale inventories rose by 0.2 percent in June after climbing by 0.3 percent in May. Economists had expected wholesale inventories to increase by another 0.3 percent.
The uptick in wholesale inventories came as a 0.6 percent increase in inventories of durable goods was partly offset by a 0.6 percent decrease in inventories of non-durable goods.
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