US: International trade deficit decreased by $2.5 bln to $63.8 bln in May

"The international trade deficit was $64.8 billion in May, down $2.5 billion from $67.3 billion in April," the U.S Census Bureau announced on Wednesday.

Key takeaways from the official press release

• Exports of goods for May were $143.6 billion, $2.9 billion more than April exports.
• Imports of goods for May were $208.4 billion, $0.4 billion more than April imports.
• Wholesale inventories for May, were estimated at an end-of-month level of $633.2 billion, up 0.5 percent from April 2018, and were up 5.9 percent from May 2017. 
• Retail inventories for May, were estimated at an end-of-month level of $635.5 billion, up 0.4 percent from April 2018, and were up 2.3 percent from May 2017.