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In the second quarter of 2021, volume index of Wholesale & Retail Trade posted a growth of 22.0 per cent to reach 119.4 points as compared to the same quarter of the previous year. The positive growth was recorded in all sub-sectors, namely Motor Vehicles (28.2%), Retail Trade (21.7%) and Wholesale Trade (21.2%). Meanwhile, for quarter-on-quarter comparison, volume index decreased 7.7 per cent in this quarter.
Seasonally adjusted volume index of Wholesale & Retail Trade decreased 5.1 per cent as against the first quarter of 2021. This was driven by the contraction in Retail Trade, Motor Vehicles and Wholesale Trade sub-sectors of -29.0 per cent, -2.2 per cent and -1.3 per cent respectively as compared to the previous quarter.
Table 1: Volume Index of Wholesale & Retail Trade by Sub-sector
Sub-sector (2015=100) |
Volume index | |||
Original | % Change YoY |
Seasonally Adjusted | % Change QoQ |
|
Volume index of Wholesale & Retail Trade
|
119.4 | 22.0 | 123.0 | -5.1 |
Volume index of Wholesale Trade
|
124.2 | 21.2 | 127.5 | -1.3 |
Volume index of Retail Trade
|
130.9 | 21.7 | 136.5 | -2.2 |
Volume index of Motor Vehicles
|
70.3 | 28.2 | 75.9 | -29.0 |
Wholesale Trade Sub-sector
Volume index of Wholesale Trade sub-sector on the positive trend to record 21.2 per cent growth in second quarter 2021 as compared to the same quarter in 2020. This increment was attributed to Other Specialised Wholesale with 44.9 per cent, Non-specialised Wholesale Trade 39.5 per cent and Wholesale of Machinery, Equipment & Supplies 22.9 per cent. For quarterly growth, volume index of Wholesale Trade went down 2.8 per cent.
Retail Trade Sub-sector
For the second quarter of 2021, Retail Trade grew 21.7 per cent to 130.9 points as against the same quarter of the previous year. The expansion was depicted in Retail Sale of Other Goods in Specialised Stores (36.3%), Retail Sale of Cultural & Recreation Goods in Specialised Stores (35.6%) and Retail Sale of Other Household Equipment in Specialised Stores (35.3%). For quarter-on-quarter comparison, volume index of this sub-sector fell 6.4 per cent.
Motor Vehicles Sub-sector
Volume index of Motor Vehicles went up 28.2 per cent year-on-year. The increase was contributed by Sale of Motor Vehicles and Sale of Motor Vehicle Parts & Accessories which expanded 44.3 per cent and 21.4 per cent respectively. For performance of this sub-sector as againts the previous quarter, it decreased 32.4 per cent.
The full publication of the Quarterly Volume Index of Wholesale & Retail Trade, Second Quarter 2021 can be downloaded from eStatistik portal.
Note.
Data for second quarter of 2021 is provisional. The data will be updated based on the latest available figures and subsequently published in the publication of third quarter 2021.
Released By:
DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
DrUzir_Mahidin Dr_Uzir
11 August 2021
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