WASHINGTON — The value of wholesale inventories rose 0.1% in July, matching a sales gain of the same size, data released Wednesday morning by the U.S. Commerce Department showed.

As a result, the overall inventory-to-sales ratio held steady at 1.17 in July, tying June for the lowest since September 2011. The current month's ratio was down from 1.21 in July 2012.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.