USA: Wholesale Inventories Unexpectedly Fall.

US wholesale inventories fell by 0.5% month-over-month to $909.3 billion in January 2026, the most since December 2024, after a downwardly revised 0.1% decrease in December and missing line expectations of a 0.2% increase. Inventories of non-durable goods fell 1.5%, following a 0.8% decrease in the previous month, while durable goods stocks remained unchanged, after a 0.2% increase in November. On a yearly basis, wholesale inventories grew 1% in January.