FX.co ★ U.S. Wholesale Inventories Edge Higher in September, Extending Modest Stock Build

U.S. wholesale inventories rose 0.6% month-over-month in September 2026, a slight acceleration from the 0.5% increase recorded in August 2026. The latest data, updated on 28 October 2026, point to a continued, measured build-up in stock levels across the wholesale sector.

Because the figures are reported on a month-over-month basis, September’s “actual” reading reflects the change from August to September, while the “previous” figure for August captures the change from July to August. The back-to-back gains suggest wholesalers have been incrementally increasing inventories in recent months, which may signal expectations of steady demand heading into the final quarter of the year.