Afternoon Coffee: Business Inventories, Retail Sales & Import Prices All Rise in Recent Months Kaitlyn McAvoy - June 11, 2015 12:27 PM | Categories: Afternoon Coffee | Tags: General News US business inventories increased 0.4% during April, which was more than economists expected. The Commerce Department report also showed retail inventories, specifically, rose 0.8%. Retail sales, too, are on the upswing. May sales at retailers and restaurants rose 1.2% to reach a seasonally adjusted $444.9 billion. US import prices during May increased to their highest level since March 2012, thanks in part to the rising price of petroleum. Import prices were up 1.3% in May after falling 0.2% the previous month. Whole Foods has announced the name of its new chain of stores, “365 by Whole Foods Market,” which will supply lower-priced groceries. SIGN UP for the Spend Matters newsletter Dirty Rotten Spendrels Discuss this: Cancel reply Your email address will not be published. Required fields are marked *Comment Name * Email * Website Notify me of follow-up comments by email. Notify me of new posts by email.