Overview

MALAYSIA'S WHOLESALE & RETAIL TRADE SALES ROSE 7.7 PER CENT TO RECORD RM120.5 BILLION IN JANUARY 2022

HIGHLIGHTS

Sales   value   of   Wholesale   &   Retail   Trade   recorded   RM120.5  billion   in   January   2022,   registered   a   growth   of  7.7 per cent   year-on-year. The positive growth was contributed by all sub-sectors, namely Motor Vehicles  19.4 per cent, Retail Trade  7.3 per cent, and  Wholesale Trade  5.7 per cent. Meanwhile, for monthly comparison, sales of Wholesale & Retail Trade contracted  -0.2 per cent.

In   terms   of   volume   index,   Wholesale   &   Retail    Trade    registered    a    growth     of    3.6   per  cent    year-on-year    to    record   135.5 points.  The   increment  was  supported  by  the  increase  of   Motor   Vehicles   16.3 per cent,   Retail  Trade  3.0  per  cent,  and  Wholesale  Trade   1.5  per  cent. As   for   seasonally   adjusted   volume   index,   it  went  up   1.1 per cent month-on-month in January 2022.

Wholesale Trade

Wholesale Trade generated sales value of RM58.6 billion in January 2022 with a growth of  5.7 per cent as against January 2021. This increase was attributed to Wholesale of Agricultural Raw Materials & Live Animals  15.3 per cent and Wholesale of Food, Beverages & Tobacco  9.5 per cent as compared to the previous year. For monthly comparison, sales of this sub-sector rose  1.7 per cent.

Volume index of Wholesale Trade registered  133.6 points, expanded  1.5 per cent year-on-year. The positive growth was recorded in Wholesale of Agricultural Raw  Materials  &  Live  Animals  (13.9%),   Wholesale  of  Food,  Beverages  & Tobacco (8.3%), Wholesale on a Fee or Contract Basis (4.1%), and Wholesale of Machinery, Equipment & Supplies (2.8%). Meanwhile, the seasonally adjusted volume index increased marginally   0.4 per cent month-on-month.

Retail Trade 

Sales of Retail Trade registered a growth of  7.3 per cent as compared to January 2021. Among the groups that contributed to this expansion were Retail Trade Not in Stores, Stalls or Markets (26.8%), Retail   Sale  of  Automotive  Fuel   in   Specialised  Stores   (19.5%), Retail Sale in Non-specialised Stores (10.1%), Retail  Sale  of  Food,  Beverages  &  Tobacco  in  Specialised  Stores  (8.4%), and Retail Sale Via Stalls & Markets (8.2%). Compared with December 2021, sales of this sub-sector went up  1.0 per cent.

Volume Index of Retail Trade recorded a growth of  3.0 per cent to 147.4 points as compared to January 2021. Among the groups that contributed to this growth were Retail Trade Not in Stores, Stalls or Markets (26.2%), Retail Sale of Automotive Fuel in Specialised Stores (13.4%), Retail Sale in Non-specialised Stores (7.2%), and Retail Sale of Food, Beverages & Tobacco in Specialised Stores (5.9%). As for seasonally adjusted volume index, it rose  1.8 per cent as against December 2021.

Motor Vehicles

Sales value of Motor Vehicles sub-sector registered a growth of  19.4 per cent year-on-year. The increment was contributed by Maintenance & Repair of Motor  Vehicles  which  expanded   26.8 per cent, Sale  of  Motor  Vehicles  Parts  &  Accessories  24.5 per cent, and Sale of Motor Vehicles  20.1 per cent in January 2022. On a monthly basis, sales of this sub-sector went down  -11.5 per cent.

The volume index of Motor Vehicles increased  16.3 per cent year-on-year to reach  107.7 points. The increase was attributed to Sale of Motor Vehicles (23.5%), Sale of Motor Vehicles Parts & Accessories (19.9%), and Maintenance & Repair of Motor Vehicles (15.7%). Seasonally adjusted volume index for this sub-sector decreased  -3.3 per cent month-on-month.

The full publication of the Performance of Wholesale & Retail Trade, January 2022 can be downloaded from  eStatistik portal.

 Note.

Data for January 2022 is provisional. The data will be updated based on the latest available figures and subsequently published in the Performance of Wholesale & Retail Trade, February 2022.

Released by:

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

11 March 2022
 

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