Wholesale sales fell 1.1 percent in post-holiday January as inventories rose 0.8 percent

January 2018 sales of merchant wholesalers were down 1.1 from the revised December level, but up 6.7 percent year-on-year.

Total inventories of merchant wholesalers were up 0.8 percent from December and 4.8 percent year-on-year.

The January inventories/sales ratio for merchant wholesalers, down from 1.28 a year ago.

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