Business inventories in August were up 0.6 percent from July to a seasonally adjusted $1.602 trillion, the U.S. Commerce Department reported.
Sales for the month increased 0.5 percent to a seasonally adjusted $1.247 trillion.
Retail inventories excluding the auto sector rose 0.2 percent.
Manufacturer and retailer inventories inched up 0.6 percent in August from July.
August’s sales inventories were up 7.8 percent year-over-year. Manufacturers’ inventories went up 3.4 percent compared to the year earlier.
Wholesale inventories increased 0.5 percent in August and were up 5.3 percent year-over-year.
