Overview

WHOLESALE & RETAIL TRADE MALAYSIA SLIPS 0.9 PER CENT TO RECORD RM108.0 BILLION
IN FEBRUARY 2021

HIGHLIGHTS

Sales   value   of  Wholesale   &   Retail   Trade   recorded   RM108.0  billion   in   February  2021,  registering  -0.9   per  cent  contraction  year-on year. The contraction was due to Retail Trade which slipped  -2.1 per cent. Similarly,  Motor  Vehicles  and  Wholesale  Trade  also  decreased  -0.1 per cent respectively.

In  terms   of  volume  index,  Wholesale & Retail Trade  registered  a  growth  of   -1.1 per cent  year-on-year to record 126.5 points. The decline was due to the decrease of  -2.1 per cent and  -1.0 per cent in Retail Trade and Motor Vehicles respectively. Wholesale Trade also recorded a negative growth to register   0.1 per cent. As   for   seasonally   adjusted   volume   index,   it   expanded   4.0 per cent month-on-month in February 2021.

Wholesale Trade

Wholesale Trade generated sales value of RM52.6 billion in February 2021, a decrease of RM0.03 billion (-0.1%) as against February 2020. Wholesale on a Fee or Contract Basis recorded a fall of  -5.1 per cent, Other Specialised Wholesale  -4.3 per cent and Wholesale  of  Agricultural  Raw  Materials  &  Live  Animals  -2.0 per cent  as  compared  to  the  previous  year. For  monthly  comparison,  sales  of  this  sub-sector went down  5.1 per cent.

Volume index of Wholesale Trade registered  124.7 points, contracted  0.1 per cent year-on-year. The negative growth was recorded in Wholesale on a Fee or Contract Basis (-5.8%), Wholesale of Agricultural Raw Materials & Live Animals (-5.4%) and Other Specialised Wholesale (-4.6%). As for seasonally adjusted volume index, it rose  2.0 per cent month-on-month.

Retail Trade 

Sales of Retail Trade registered a negative growth of  2.1 per cent as compared to February 2020. Among groups that contributed to this fall were Retail Sale of Automotive Fuel in Specialised Stores (-15.7%), Retail  Sale  of  Other  Goods  in  Specialised  Stores  (-6.6%) and Retail  Sale  of  Cultural  &  Recreation  Goods  in  Specialised  Stores  (-3.2%). Compared  with  January  2021, sales  of  this  sub-sector  edged  down  3.0 per cent.

Volume Index of Retail Trade recorded  -2.1 per cent growth to 138.5 points as compared to February 2020. Among the groups that contributed to this growth were Retail Sale of Automotive Fuel in Specialised Stores (-14.6%), Retail Sale of Other Goods in Specialised Stores (-7.0%) and Retail Sale of Cultural & Recreation Goods in Specialised Stores (-4.5%). As for seasonally adjusted volume index, it increased  2.0 per cent as against January 2021.

Motor Vehicles

Sales value of Motor Vehicles sub-sector registered year-on-year growth of negative  0.1 per cent. This  decrease  was  attributed  to  Maintenance  &  Repair  of  Motor  Vehicles  which  registered  a  growth of  -6.3 per cent and Sale of Motor Vehicles Parts & Accessories  -4.1 per cent. For monthly comparison, sales of this sub-sector increased  3.2 per cent.

The volume index of Motor Vehicles declined  -1.0 per cent year-on-year to reach  98.2 points. The decrease was contributed by Maintenance & Repair of Motor Vehicles  (-6.8%) and Sale of Motor Vehicles Parts & Accessories (-4.7%). Seasonally adjusted volume index for this sub-sector surged  21.0 per cent month-on-month.

The full publication of the Performance of Wholesale & Retail Trade, February 2021 can be downloaded from  eStatistik portal.

 Note.

Data for February 2021 is provisional. The data will be updated based on the latest available figures and subsequently published in the Performance of Wholesale & Retail Trade, March 2021.

Released by:

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

9 April 2021
 

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