US wholesale inventories grew just 0.1% month-over-month in May 2026, down markedly from a 0.6% increase in the prior month, according to data updated on 8 July 2026. The figures, measured on a month-over-month basis, indicate a slowdown in stockbuilding across the wholesale sector compared with the pace seen earlier in the spring.
The previous reading of 0.6% reflected the change from April to May, while the latest 0.1% figure captures the change from May to June under the same comparison framework. The sharp deceleration suggests wholesalers have become more cautious about adding to inventories, potentially reflecting shifts in demand expectations or efforts to better align stock levels with sales trends.
