Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
United StatesUS Wholesale Inventories MoM fell to 0.6% in April 2026
FMPMonthlyReleased June 2026
US Wholesale Inventories MoM fell to 0.6% in April 2026, released June 2026, down 0.9% from March's 1.5% reading. The print exceeded the 0.5% consensus by 0.1%. The print is running well above the 12-month average of 0.38%. Over the past 3 months, Wholesale Inventories MoM averaged 0.7%, vs 0.26% in the prior 3-month window. The reading is in the 85th percentile of the trailing 24-month range.
Latest Release
0.6
Actual
0.5
Consensus
1.5
Previous
Median Absolute Error
±0.2 percentage points
across last 12 releases
Last Call
Jun 2026
Predicted: 0.3
Actual: 0.6
Error: -0.3
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| USD/JPY | ▲ Direct | +0.42 | FOREX | Bullish USD | → View |
| GOOGL | ▲ Direct | +0.40 | STOCKS | Bullish GOOGL | → View |
| MSFT | ▼ Inverse | −0.32 | STOCKS | Bearish MSFT | → View |
| S&P 500 | ▲ Direct | +0.26 | INDEX | Bullish S&P 500 | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Wholesale Inventories MoM (United States) was reported at 0.6% in June 2026. This beat the market consensus of 0.5% by 0.1%. The reading fell from the previous value of 1.5%. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged 0.11%, ranging from -0.5% to 0.6% across 16 releases.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 0.2%, unchanged from the prior three. Volatility over the past year (σ 0.3%) is lower than the prior year (σ 0.33%). In June readings over the past 3 years, Wholesale Inventories MoM has averaged 0.24%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with USD/JPY (Bullish USD). A secondary relationship exists with GOOGL, positively correlated (Bullish GOOGL). Over the last 12 releases, the Sigmacast model's median absolute error is 0.2%.
WHAT TO WATCH NEXT
The next release is scheduled for June 26, 2026. Same-country events in the next 14 days include Philadelphia Fed Manufacturing Index (Jun 18) and Initial Jobless Claims (Jun 18).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
SHARE
Wholesale Inventories MoM - US
Loading chart data...
About Wholesale Inventories MoM — United States
DEFINITION
Wholesale Inventories MoM (Month-over-Month) is a key financial indicator that measures the change in the value of goods held in inventory by wholesalers over a specific period of time. This indicator provides valuable insights into the level of demand for goods in the wholesale sector and can be used to forecast future economic trends. A positive change in wholesale inventories indicates an increase in demand, while a negative change suggests a decrease in demand. This information is crucial for businesses, investors, and policymakers in making informed decisions about production, pricing, and economic policies.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Apr 2026): actual 0.6 %, consensus 0.5 %. Prior reading (Apr 2026): 0.5 %. Before that (Mar 2026): 1.3 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with USD/JPY (Bullish USD, r=0.42) — a useful reference for forex-focused traders.