WASHINGTON — The value of wholesale inventories rose 0.5% in August while sales were up 0.6%, data released Friday morning by the U.S. Commerce Department showed.

Even excluding the auto category, wholesale inventories would have been up 0.4% in August after a 0.1% rise in the previous month, an MNI calculation showed. Sales would have been up 0.7% in August if a decline auto sales were excluded. This followed a 0.3% rise in July.

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.