Overview

WHOLESALE & RETAIL TRADE MALAYSIA RECORDED RM108.3 BILLION IN MAY 2021,
GREW 28.3 PER CENT YEAR-ON-YEAR DUE TO LOW BASE

HIGHLIGHTS

Sales value of Wholesale & Retail Trade recorded RM108.3 billion in May 2021, registered a positive growth of  28.3 per cent year-on-year. The growth was attributed to Motor Vehicles which increased  71.1 per cent. Similarly, Wholesale Trade and Retail Trade rose  31.2 per cent and  17.3 per cent respectively.

In   terms   of   volume   index,  Wholesale   &   Retail   Trade   registered   a  growth  of   27.2  per  cent  year-on-year  to record  123.6 points. The increment was due to the increase of   66.0 per cent in Motor Vehicles. Wholesale Trade and  Retail Trade also recorded a positive growth to register   27.9 per cent and  20.1 per cent respectively. As for seasonally adjusted volume index, it went down  6.6 per cent month-on-month in May 2021.

Wholesale Trade

Wholesale Trade generated sales value of RM53.4 billion in May 2021, increased RM12.7 billion (31.2%) as against May 2020. Other Specialised Wholesale was the highest contributor with an increase of   70.5 per cent as compared to the previous year. For monthly comparison, sales of this sub-sector went up 0.8 per cent.

Volume index of Wholesale Trade registered  126.7 points, climbed up  27.9 per cent year-on-year. The  positive  growth  was  recorded  in  Other  Specialised  Wholesale  (67.8%). As  for  seasonally  adjusted  volume  index,  it  decreased   4.5 per cent  month-on-month.

Retail Trade 

Sales of Retail Trade registered a positive growth of  17.3 per cent as compared to May 2020. Among groups that contributed to this expansion were Retail Sale of Information & Communication Equipment in Specialised Stores (35.6%),   Retail Sale of Other Household Equipment in Specialised Stores (32.2%) and Sale of Cultural & Recreation Goods in Specialised Stores (28.0%). Compared with April 2021, sales of this sub-sector edged down  2.2 per cent.

Volume Index of Retail Trade recorded  20.1 per cent growth to  131.8 points as compared to May 2020. Among the groups that contributed to this growth were Retail Sale of Information & Communication Equipment in Specialised Stores (34.3%), Retail  Sale  of  Cultural  &  Recreation  Goods  in  Specialised  Stores (30.5%)  and  Retail  Sale  of  Other  Goods  in Specialised Stores (30.3%). As for seasonally adjusted volume index, it decreased  2.9 per cent as against April 2021.

Motor Vehicles

Sales value of Motor Vehicles sub-sector registered positive year-on-year growth of  71.1 per cent. This increase was attributed to Sale  of  Motor  Vehicles  which  registered  a  growth  of   99.8 per cent. For monthly comparison, sales of this sub-sector contracted  16.2 per cent.

The volume index of Motor Vehicles rose  66.0 per cent year-on-year to reach  90.6 points. The increase was contributed by Sale of Motor Vehicles (115.0%). Seasonally adjusted volume index for this sub-sector declined  25.0 per cent  month-on-month.

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

 Note.

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

Released by:

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

12 July 2021
 

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