Overview

WHOLESALE & RETAIL TRADE MALAYSIA REBOUNDS 9.3 PER CENT IN MARCH 2021
TO RECORD RM 112.8 BILLION

HIGHLIGHTS

Sales value of Wholesale & Retail Trade recorded  RM112.8  billion  in  March  2021, registered positive growth 9.3 per cent year-on year. The growth was  attributed by Motor Vehicles which increased double-digit  40.7 per cent. Similarly, Retail Trade and Wholesale Trade rose  10.5 per cent and  1.8 per cent respectively.

In   terms   of   volume   index,   Wholesale   &   Retail   Trade   registered   a  growth  of   9.1 per cent  year-on-year  to  record  131.0 points. The advanced was due to the increase of   38.0 per cent in Motor Vehicles. Retail Trade and Wholesale Trade also recorded a positive growth to register  9.6 per cent and  2.3 per cent respectively. As  for  seasonally  adjusted  volume  index,  it  declined  -1.6 per cent month-on-month in March 2021.

Wholesale Trade

Wholesale Trade generated sales value of  RM52.7 billion in March 2021, increased RM0.1 billion (1.8%) as against March 2020. Wholesale  of  Food,  Beverages  &  Tobacco  grew  6.5 per cent,  Wholesale   of   Machinery,   Equipment   &   Supplies  4.9 per cent and Wholesale of Household Goods  4.5 per cent as compared to the previous year. For monthly comparison, sales of this sub-sector were up  0.3 per cent.

Volume index of Wholesale Trade registered  126.6 points, climbed up  2.3 per cent year-on-year. The positive growth was recorded in Wholesale of Machinery, Equipment & Supplies (6.0%), Wholesale of Food, Beverages & Tobacco (4.9%) and Wholesale of Household Goods (4.2%). As for seasonally adjusted volume index, it declined  -4.1 per cent month-on-month.

Retail Trade 

Sales of Retail Trade registered a positive growth of  10.5 per cent as compared to March 2020. Among groups that contributed to this expansion were Retail Sale of Automotive Fuel in Specialised Stores (17.2%), Retail Sale of Other Household Equipment in Specialised Stores (15.0%) and Retail Retail Sale of Other Goods in Specialised Stores (13.7%). Compared with February 2021, sales of this sub-sector posted gains  1.7 per cent.

Volume Index of Retail Trade recorded  9.6 per cent growth to  138.9 points as compared to March 2020. Among the groups that contributed to this growth Retail Sale Via Stalls & Markets (12.4%), Retail Sale of Other Household Equipment in Specialised Stores (12.1%) and Retail Sale of Other Goods in Specialised Stores (11.1%). As for seasonally adjusted volume index, it decreased  0.6 per cent as against February 2021.

Motor Vehicles

Sales value of Motor Vehicles sub-sector registered year-on-year growth of positive  40.7 per cent. This  increase  was  attributed  to  Sale,  Maintenance  &  Repair  of  Motorcycles  which  registered  a  growth  of  73.6 per cent  and  Sale  of  Motor  Vehicles  60.4 per cent. For monthly comparison, sales of this sub-sector rebound  34.6 per cent.

The volume index of Motor Vehicles rose  38.0 per cent year-on-year to reach  123.3 points. The increased was contributed by Sale, Maintenance & Repair of  Motorcycles (72.7%) and Sale of Motor Vehicles (60.6%). Seasonally adjusted volume index for this sub-sector surged  16.1 per cent month-on-month.

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

 Note.

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

Released by:

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

7 May 2021
 

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