Overview

WHOLESALE & RETAIL TRADE MALAYSIA RECORDS RM111.7 BILLION
IN JANUARY 2021

HIGHLIGHTS

Sales value of Wholesale & Retail Trade recorded  RM111.7  billion  in  January  2021,  registering   -2.7  per  cent  contraction year-on year. The contraction  was   due  to  Motor  Vehicles  which  slipped  -13.8 per cent. Similarly,  Retail  Trade  and  Wholesale  Trade  also  decreased  -2.5 per cent and  -0.4 per cent respectively.

In terms of volume index, Wholesale & Retail Trade registered a growth of  -2.9 per cent year-on-year to record 130.5 points. The decline was due to the decrease of  -13.1 per cent and  -3.2 per cent in Motor Vehicles and Retail Trade respectively. Wholesale  Trade  also  recorded   a   negative   growth   to   register   -0.1  per  cent.  As   for   seasonally   adjusted   volume   index, it  went  down   2.0  per  cent  month-on-month in January 2021.

Wholesale Trade

Wholesale Trade generated sales value of RM55.4 billion in January 2021, a decrease of RM0.2 billion (-0.4%) as against January 2020. Wholesale of Agricultural Raw Materials & Live Animals recorded a fall of  -6.0 per cent, Other Specialised Wholesale  -4.9 per cent and Wholesale on a Fee or Contract Basis  -4.7 per cent as  compared  to  the  previous  year. For  monthly  comparison,  sales  of  this  sub-sector rose  0.2 per cent.

Volume index of Wholesale Trade registered  131.8 points, contracted  0.1 per cent year-on-year. The negative growth was recorded in Wholesale of Agricultural Raw Materials & Live Animals (-7.6%), Other Specialised Wholesale (-5.0%) and Wholesale on a Fee or Contract Basis (-2.0%). As   for   seasonally   adjusted   volume   index,   it   increased   0.1  per  cent month-on-month.

Retail Trade 

Sales of Retail Trade registered a negative growth of  2.5 per cent as compared to January 2020. Among  groups  that  contributed  to  this  fall  were  Retail  Sale  of  Automotive  Fuel  in  Specialised  Stores  (-14.1%),  Retail  Sale  of  Other  Goods  in  Specialised  Stores (-7.0%) and Retail Sale of Cultural & Recreation  Goods  in  Specialised  Stores  (-5.1%). Compared  with  December  2020,  sales  of  this  sub-sector edged down  2.6 per cent.

Volume Index of Retail Trade recorded  -3.2 per cent growth to  142.9 points as compared to January 2020. Among the groups that contributed to this growth were Retail Sale of Automotive Fuel in Specialised Stores (-12.5%), Retail Sale of Other Goods in Specialised Stores (-8.0%) and Retail Sale of Cultural & Recreation Goods in Specialised Stores (-6.4%). As for seasonally adjusted volume index, it increased  2.2 per cent as against December 2020.

Motor Vehicles

Sales value of Motor Vehicles sub-sector registered year-on-year growth of negative  13.8 per cent. This decrease was attributed to  Sale  of  Motor  Vehicles  which  registered  a  growth  of   -17.6  per  cent  and  Sale,  Maintenance  &  Repair  of  Motorcycle  -11.1 per cent. For monthly comparison, sales of this sub-sector contracted  20.5 per cent.

The volume index of Motor Vehicles declined  -13.1 per cent year-on-year to reach  90.6 points. The decrease was contributed by Sale of Motor Vehicles (-16.8%) and Sale, Maintenance & Repair of Motorcycles (-11.4%). Seasonally adjusted volume index for this sub-sector went down  18.2 per cent month-on-month.

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

 Note.

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

Released by:

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

12 March 2021
 

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