FX.co ★ US Business Inventories Rise More than Expected

US business inventories rose 0.8% month-over-month in July 2026, accelerating from an upwardly revised 0.1% gain in June and surpassing market expectations for a 0.3% increase. This was the strongest monthly rise since March and reflected more robust stockbuilding across key sectors: merchant wholesalers (up 1.3% vs 0.4% in June), retailers (up 0.8% vs a 0.2% decline previously), and manufacturers (up 0.4% vs 0.1%). On an annual basis, business inventories were 3.8% higher.