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US May business inventories rise in line with expectations
A slight upward revision to the prior month supports modest GDP estimate expectations.
US business inventories in May increased by 0.3%, matching economists' expectations, according to Forexlive.
The prior month was also revised higher, with April's reading moved from 0.5% to 0.6%.
Forexlive said the May result is in line with estimates, but the upward revision to April could add a small amount to GDP estimate outlooks.
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