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US final wholesale inventories grow 0.8% in November

 US final wholesale inventories grow 0.8% in November

Mubasher: US final wholesale inventories expanded in November, beating forecasts.

Inventories rose 0.8% in November after a revised increase by the same percentage during the previous month and compared with expectations of a 0.7% growth, according to data by US statistics bureau.

Inventories grew 0.4% year-on-year in November.

By 03:18 pm GMT, the EUR/USD pair went up 0.46% to $1.1992.