(AFX UK Focus) 2010-03-12 15:15 US ECON: Jan Business Inventories Unchanged, Sales Up 0.6%
Washington, March 12 - Total business inventories were unchanged in January, totaling $1.3 trln, the Commerce Department reported today. Economists had expected inventories to rise 0.2% over the month after falling by 0.2% in January (since revised to a 0.3% decline). Total business inventories are 8.6% lower than inventory levels in January 2009.
UK households have fallen deeper into debt with energy suppliers, with customers now owing an average £132, according to a recent study by price comparison website, Uswitch.
