WASHINGTON - The value of wholesale inventories rose 1.4% in October while sales were up 1.0%, according to data released Monday morning by the U.S. Commerce Department.

Auto sales weighed down the headline build, dropping 4.5% in the month. Inventories excluding the autos category showed a 1.3% increase, according to an MNI calculation, after a 1.0% build in September.

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.