U.S. wholesale inventories rose more-than-expected in the last quarter, official data showed on Friday.

In a report, US Census Bureau said that U.S. Wholesale Inventories rose to a seasonally adjusted annual rate of 1.1%, from 0.7% in the preceding quarter whose figure was revised up from 0.5%.

Analysts had expected U.S. Wholesale Inventories to rise 0.5% in the last quarter.

Please LIKE our Facebook page - it makes us stronger