Overview

SALES VALUE OF WHOLESALE & RETAIL TRADE RECORDED RM109.3 BILLION
IN MARCH 2019

HIGHLIGHTS

In  the  third  month  of  2019,  sales  of  Wholesale  &  Retail  Trade  amounted  to  RM109.3 billion,  recorded  a  growth  rate  of  5.4 per cent as compared to March 2018. For monthly comparison, sales value rebounded to  5.7 per cent after contracting  5.0 per cent in  February 2019.

Volume index for Wholesale & Retail Trade rose  5.1 per cent to 176.9 points as compared to the same month of the previous year. For seasonally adjusted  volume index, it decreased  1.2 per cent as against a month ago.

For  performance  across  sub-sector,  Retail  Trade  sub-sector  remained  as  the  main  driver  with  year-on-year  growth  of  6.9 per cent.  Within   the  same  period,  Wholesale  Trade  rose   5.0 per cent,    while   Motor   Vehicles   increased  marginally  at  1.8 per cent. Compared to the previous  month,  sales  value  for  all  sub-sectors rebounded to positive growth led by Motor Vehicles with  16.0 per cent. This was followed by Wholesale Trade which recorded  6.1 per cent and Retail Trade (2.6%).

The growth of  5.1 per cent in the volume index of Wholesale & Retail Trade was propelled by Retail Trade which expanded  7.4 per cent. Motor  Vehicles and Wholesale Trade also posted an increase  with  3.4 per cent growth respectively. As for seasonally adjusted volume index, it contracted 1.2 per cent.

Wholesale Trade

Wholesale  Trade  generated  a  sales  value  of  RM53.2 billion  in  March  2019,  increased   5.0 per cent  as  against  the  same  month  in  the  previous  year.  The   expansion  was   supported   by   Other  Specialised  Wholesale,   Wholesale   of   Household   Goods   and   Non-Specialised   Wholesale  Trade  which   grew   6.3 per cent,  5.6 per cent   and     5.2 per cent  respectively. For monthly comparison, sales of this sub-sector rose  6.1 per cent.

Volume index of Wholesale Trade rose  3.4 per cent to  184.6 points in Mac 2019 as compared to the same month of the preceding year.  Wholesale  of  Agricultural  Raw  Materials  &   Live   Animals   surpassed  other  wholesale  industries   with   8.8 per cent growth. This was followed by Wholesale of Household Goods (7.1%) and Non-Specialised Wholesale Trade (6.8%).

Retail Trade 

Sales of Retail Trade recorded  6.9 per cent as compared to March 2018. The expansion was driven by Retail Sale via Stalls & Markets (9.8%), Retail Sale of Food, Beverages and Tobacco in Specialised Stores (9.4%) and Retail Sale of  Cultural & Recreation Goods in Specialised Stores  (8.1%).

In terms of volume index, Retail Trade rose  7.4 per cent to  186.4 points in March 2019. Retail  Sale  via  Stalls  &  Markets  and  Retail  Sale  of  Information  &  Communication  Equipment  in  Specialised  Stores   posted   a   double-digit   growth  of   11.9 per cent   and  11.4 per cent respectively. The next contributor was  Retail  Sale  of  Food,  Beverages & Tobacco  in  Specialised  Stores  and  Retail Sale of Cultural & Recreation Goods in Specialised Stores with  9.1 per cent growth. 

Motor Vehicles

Sales value of Motor Vehicles increased at a slower pace of   1.8 per cent  as against the corresponding month of the previous year. This   was   attributed   by  Sale   of   Motor   Vehicles   which   continued   to   decline  at   0.2 per cent   in   this   month.   Nevertheless,    Maintenance    &    Repair    of    Motor   Vehicles,  Sale    of  Motor    Vehicle    Parts   &     Accessories     and     Sales,     Maintenance    &    Repair    of    Motorcycles    posted    a    positive    growth     of      5.2  per  cent,    4.5 per cent   and   3.2 per cent respectively.

As for volume index, it increased  3.4 per cent to  132.1 points compared to a year ago. Sale of Motor Vehicle Parts & Accessories  and  Sales,  Maintenance  &  Repair  of  Motorcycles  &  Related  Parts  &   Accessories   contributed   the   most   to   this   gain   with   7.0 per cent   and   5.6 per cent  of  each.  For  monthly   comparison,   the   seasonally  adjusted   volume   index   recorded   negative  growth  of  4.9 per cent.

The details report are as shown in Bulletin of Wholesale & Retail Trade and Table.

 Note.

Data for March 2019 is provisional. The data will be updated based on the latest available figures and subsequently published in the bulletin of April 2019.

Released by:

DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS MALAYSIA
 DrUzir_Mahidin      dr_uzir

13 May 2019

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