Overview

In  the  third  quarter  of  2021,  volume  index  of  Wholesale  &  Retail  Trade registered  a  growth  of  -11.3 per cent  to  reach 114.8 points as compared to the same quarter of the previous year. The negative growth was recorded in all sub-sectors, namely Motor Vehicles (-58.1%), Retail Trade  (-6.7%) and Wholesale Trade (-3.1%). Meanwhile, for quarter-on-quarter comparison,  volume  index decreased  -3.7 per cent in this quarter.

Seasonally adjusted volume index of Wholesale & Retail Trade declined  -7.5 per cent as against the second quarter of 2021. The contraction was contributed by Motor Vehicles, Retail Trade, and  Wholesale Trade sub-sectors of  -38.2 per cent, -6.2 per cent and -4.8 per cent respectively. 

Table 1: Volume Index of Wholesale & Retail Trade  by Sub-sector

Wholesale Trade Sub-sector

Volume index of Wholesale Trade sub-sector contracted -3.1 per cent  in third quarter 2021 as compared to the same quarter in 2020. This contraction was attributed to Wholesale on a Fee or Contract Basis with -21.2 per cent, followed by Wholesale of Machinery, Equipment & Supplies and Wholesale of Household Goods of -7.9 per cent respectively.  For quarterly growth, volume index of Wholesale Trade went down -0.9 per cent.

Retail Trade Sub-sector

For the third quarter of 2021, Retail Trade declined -6.7 per cent to 128.8 points as against the same quarter of the previous year. The decrease was depicted in Retail Sale of Other Goods in Specialised Stores (-12.6%), Retail Sale of Automotive Fuel in Specialised Stores (-12.0%) and Retail Sale of Other Household Equipment in Specialised Stores (-8.9%). For quarter-on-quarter comparison, volume index of this sub-sector fell -1.6 per cent.

Motor Vehicles Sub-sector

Volume index of Motor Vehicles registered  -58.1 per cent growth year-on-year. The decrease was attributed to Sale, Maintenance & Repair of Motorcycles,  Maintenance & Repair of Motor Vehicles and Sale of Motor Vehicles which declined  -74.6 per cent, -56.6 per cent and -55.6 per cent respectively. For performance of this sub-sector as againts the previous quarter, it decreased -32.2 per cent.

The full publication of the Quarterly Volume Index of Wholesale & Retail Trade, Third Quarter 2021 can be downloaded from eStatistik portal.

Note.

Data for third quarter of 2021 is provisional. The data will be updated based on the latest available figures and subsequently published in the publication of fourth quarter 2021.

Released By:

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

10 November 2021

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