Overview

WHOLESALE & RETAIL TRADE REGISTERED SALES VALUE OF RM84.4 BILLION,
REBOUNDED 26.3 PER CENT IN MAY 2020

HIGHLIGHTS

Sales value of Wholesale & Retail Trade rebounded  26.3 per cent to record  RM17.6 billion in May 2020 as compared to the previous month. This were attributed by Motor  Vehicles  and  Retail Trade which increased  709.0 per cent   (RM5.9  billion)  and   30.5  per  cent  (RM8.6 billion) respectively. Wholesale Trade also increased by  8.0 per cent (RM3.0 billion). However, year-on-year for this sector went down  23.8 per cent.

Volume index of Wholesale & Retail Trade bounce back to record  97.2 points, an increased of  30.3 per cent as compared to the April 2020. The positive growth was recorded in all subsectors, namely Motor Vehicles (763.3%), Retail Trade (32.9%) and Wholesale Trade (12.0%). As for seasonally adjusted volume index, it recorded  25.5 per cent as against a month ago.

Wholesale Trade

Wholesale Trade generated sales value of  RM40.7 billion in May 2020, an increased of  RM3.0 billion (8.0%) as against April 2020. The increment was supported by Non-Specialised Wholesale Trade (68.0%), Wholesale of Machinery, Equipment & Supplies (22.3%), Wholesale on a Fee or Contract Basis (19.9%) and Wholesale of Household Goods (17.7%). For yearly comparison, sales of this sub-sector drop  23.6 per cent.

Volume index of Wholesale Trade registered a growth of  12.0 per cent to  99.1 points in May 2020 as compared to the last month. This was driven by the increased in Non-Specialised Wholesale Trade (79.6%), Wholesale of Household Goods (24.8%), Wholesale of Machinery, Equipment & Supplies (23.4%) and Wholesale on a Fee or  Contract Basis (21.4%). For monthly comparison, seasonally adjusted volume index of this sub-sector went up  6.5 per cent.

Retail Trade 

Sales of Retail Trade registered a month-on-month growth of  30.5 per cent as compared to April 2020. Among the groups that contributed to this growth were Retail Sale of Other Goods in Specialised Stores (80.4%), Retail Sale of Automotive Fuel in Specialised Stores (71.0%), Retail Sale of Cultural & Recreation Goods in Specialised Stores (58.1%) and Retail Sale of Other Household Equipment in Specialised Stores (51.7%). As compared to May 2020, sales of this  sub-sector shrank  16.2 per cent.

Retail Trade grew  32.9 per cent to  109.7 points in May 2020 as compared to April 2020. Inline with sales value, the increase were depicted in Retail Sale of Other Goods in Specialised Stores (71.8%), Retail Sale of Cultural & Recreation Goods in Specialised Stores (56.4%), Retail Sale of Automotive Fuel in Specialised Stores (54.8%) and Retail Sale of Other Household Equipment in Specialised Stores (54.1%). As for seasonally adjusted volume index, it rose to 31.4 per cent as compared to April 2020.

Motor Vehicles

Sales value of Motor Vehicles soared  709.0 per cent as against previous month. This increase were due to Sale, Maintenance & Repair of Motorcycles and Maintenance & Repair of  Motor  Vehicles  which  registered  a  growth  of  1,405.5 per cent  and   987.1 per cent respectively. However, year-on-year for sales value of Motor Vehicles decreased  49.5 per cent.

The volume index increased  763.3 per cent to register  54.6 points as compared to a month ago. The highest increment were  contributed  by   Sale, Maintenance  &  Repair  of  Motorcycles   (1,973.1%)  and  Maintenance  &  Repair  of   Motor  Vehicles   (1,361.7%). For monthly comparison, seasonally adjusted volume index increased  700.6 per cent within the same period.

The full publication of the Performance of Wholesale & Retail Trade, May 2020 can be downloaded from eStatistik portal.

 Note.

Data for May 2020 is provisional. The data will be updated based on the latest available figures and subsequently published in the performance of June 2020.

Released by:

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

9 July 2020
 

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