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Wholesale inventories in the U.S. rose by slightly less than anticipated in the month of May, according to a report released by the Commerce Department on Thursday.
The report said wholesale inventories increased by 0.5 percent in May after jumping by a revised 1.0 percent in April.
Economists had expected inventories to climb by about 0.6 percent compared to the 1.1 percent increase originally reported for the previous month.
