Overview

SALES VALUE OF WHOLESALE & RETAIL TRADE RECORDED RM114.8 BILLION
IN JANUARY 2020

HIGHLIGHTS

A total of RM114.8 billion was recorded by sales of Wholesale & Retail Trade in January 2020, an  increase  of  RM5.8 billion  or  5.4 per cent  as  compared  to  the  same  month  a  year  ago. The  growth  was  attributed  to  Retail  Trade  which  increased  RM2.9 billion (+6.7%).  Similarly,  Wholesale  Trade  and  Motor  Vehicles  rose  RM2.8  billion  (+5.2%)  and  RM0.1 billion  (+1.0%) respectively.

Volume index of Wholesale & Retail Trade posted a growth of  5.5 per cent to reach  134.4 points as compared to the same month of the previous year. The key contributor for this growth was Retail Trade with  6.7 per cent. As for seasonally adjusted volume index, it declined  0.4 per cent as against a month ago.

For performance across sub-sector, Retail Trade led the other sub-sectors with year-on-year growth of  6.7 per cent. Within the same period, Wholesale Trade expanded  5.2 per cent, while Motor Vehicles rose  1.0 per cent.

The  growth  of   5.5 per cent (year-on-year)   in  the  volume  index  of  Wholesale  &  Retail  Trade  was  driven  by  Retail  Trade  (6.7%).  Wholesale  Trade  registered   5.3 per cent while  Motor Vehicles posted  0.9 per cent.

Wholesale Trade

Wholesale Trade generated sales value of RM55.6 billion in January 2020, increased RM2.8 billion (5.2%) as against the corresponding month of the previous year. The expansion was supported by Other Specialised Wholesale (7.5%), Wholesale of Household Goods (6.6%), Wholesale of Food, Beverages & Tobacco (5.8%) and Wholesale on a Fee or Contract Basis (5.3%). For monthly comparison, sales of this sub-sector increased slower at  0.1 per cent.

Volume index of Wholesale Trade expanded  5.3 per cent to  131.9 points in January 2020 as compared to the same month of the preceding year. Other Specialised Wholesale recorded the highest growth of  7.6 per cent. This was followed by Wholesale of Household Goods (7.4%) and Wholesale on a Fee or Contract   Basis (5.9%). For monthly comparison, seasonally adjusted volume index of this sub-sector contracted  0.1 per cent.

Retail Trade 

Sales of Retail Trade registered a year-on-year growth of  6.7 per cent as compared to January 2019. The expansion was fueled by  Retail Trade Not in Stores, Stalls or Markets (9.5%), Retail Sale Via Stalls & Markets (9.2%), Retail Sale  of  Other  Goods  in  Specialised  Stores (8.3%),  Retail  Sale  in  Non-specialised Stores (8.1%) and Retail Sale of Food, Beverages & Tobacco in Specialised Stores (8.0%).

Volume index of Retail Trade rose  6.7 per cent to  147.7 points in January 2020. Retail Trade Not in Stores, Stalls or Markets recorded a growth of  9.4 per cent. This was followed  by  Retail  Sale  of  Automotive  Fuel  which  registered  8.7 per cent  and  Retail  Sale  in  Non-specialised Stores of  7.9 per cent. As for seasonally adjusted volume index, it increased at a slower pace  0.1 per cent as against December 2019.

Motor Vehicles

Sales value of Motor Vehicles went up  1.0 per cent as against the corresponding period of the previous year. The increment was supported by Maintenance & Repair of Motor Vehicles (3.1%), Sale, Maintenance & Repair of Motorcycles (3.0%) and Sale of Motor Vehicles Parts & Accessories (2.0%). Compared to December 2019, sales value decreased  0.9 per cent.

The volume index rose  0.9 per cent to  104.3 points compared  to  a  year  ago.  It  was  propelled  by  Sale,  Maintenance  &  Repair  of  Motorcycles  which  recorded  2.1 per cent, Maintenance & Repair of Motor Vehicles  2.0 per cent and Sale of Motor Vehicles Parts & Accessories  1.8 per cent respectively in January 2020. For monthly comparison, seasonally adjusted volume index decreased  1.2 per cent.

The full publication of the Performance of Wholesale & Retail Trade, January 2020 can be downloaded from eStatistik portal.

 Note.

Data for January 2020 is provisional. The data will be updated based on the latest available figures and subsequently published in the performance of February 2020.

Released by:

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

13 March 2020
 

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