US: Trade deficit was $68.2 bln in April, down $0.4 billion from $68.6 bln in March

"The international trade deficit was $68.2 billion in April, down $0.4 billion from $68.6 billion in March," the US Census Bureau stated on Wednesday. According to the recently published report, exports of goods for April were $139.6 billion, $0.7 billion less than March exports while imports of goods for April were $207.8 billion, $1.1 billion less than March imports. Below are key highlights from the official press release.

Wholesale inventories for April were estimated at an end-of-month level of $629.4 billion, virtually unchanged from March 2018, and were up 5.6 percent from April 2017.

The February 2018 to March 2018 percentage change was revised from up 0.4 percent to up 0.2 percent.

Advance Retail Inventories Retail inventories for April were estimated at an end-of-month level of $633.5 billion, up 0.6 percent from March 2018, and were up 2.5 percent from April 2017.

The February 2018 to March 2018 percentage change was revised from down 0.4 to down 0.7 percent.