MALAYSIA'S WHOLESALE & RETAIL TRADE JUMPED 15.2 PER CENT IN APRIL TO RECORD RM128.0 BILLION, DRIVEN BY HARI RAYA CELEBRATION AND THE INCREASE IN ONLINE PURCHASES
Sales value of Wholesale & Retail Trade recorded RM128.0 billion in April 2022, registered a growth of 15.2 per cent year-on-year. The positive growth was contributed by all sub-sectors, namely Retail Trade 20.9 per cent, Wholesale Trade 11.5 per cent and Motor Vehicles 11.3 per cent.
In terms of volume index, Wholesale & Retail Trade registered a growth of 10.0 per cent year-on-year to record 140.6 points. The increment was supported by the increase of Retail Trade 16.6 per cent, Motor Vehicles 7.2 per cent and Wholesale Trade 3.3 per cent. As for seasonally adjusted volume index, it went up 7.9 per cent month-on-month in April 2022.
Wholesale Trade generated sales value of RM59.0 billion in April 2022 with a growth of 11.5 per cent as against April 2021. This increase was attributed to Wholesale of Household Goods 22.9 per cent, Wholesale of Agricultural Raw Materials & Live Animals 14.9 per cent, and Wholesale of Food, Beverages & Tobacco 11.8 per cent as compared to the previous year. For monthly comparison, sales of this sub-sector rose 3.1 per cent.
Volume index of Wholesale Trade registered 130.6 points, expanded 3.3 per cent year-on-year. The positive growth was recorded in Wholesale of Household Goods (19.6%), Wholesale of Machinery, Equipment & Supplies (6.9%), and Wholesale of Food, Beverages & Tobacco (3.8%). Meanwhile, the seasonally adjusted volume index increased 5.2 per cent month-on-month.
Sales of Retail Trade registered a growth of 20.9 per cent as compared to April 2021. Among the groups that contributed to this expansion were Retail Sale of Automotive Fuel in Specialised Stores (37.7%), Retail Trade Not in Stores, Stalls or Markets (28.6%), and Retail Retail Sale in Non-specialised Stores (26.4%). Compared with March 2022, sales of this sub-sector went up 7.4 per cent.
Volume Index of Retail Trade recorded a growth of 16.6 per cent to 157.3 points as compared to April 2021. Among the groups that contributed to this growth were Retail Sale of Automotive Fuel in Specialised Stores (31.2%), Retail Sale in Non-specialised Stores (26.0%), Retail Trade Not in Stores, Stalls or Markets (25.8%), Retail Sale of Other Goods in Specialised Stores (17.7%) and Retail Sale of Cultural & Recreation Goods in Specialised Stores (17.0%). As for seasonally adjusted volume index, it rose 13.6 per cent as against March 2022.
Sales value of Motor Vehicles sub-sector registered a positive growth of 11.3 per cent year-on-year. The increase was attributed to Maintenance & Repair of Motor Vehicles 33.8 per cent and Sale of Motor Vehicles Parts & Accessories 31.1 per cent in April 2022. On a monthly basis, sales of this sub-sector dropped 7.7 per cent.
The volume index of Motor Vehicles increased 7.2 per cent year-on-year to reach 121.1 points. The increase was attributed to Sale of Motor Vehicles Parts & Accessories (27.8%) and Maintenance & Repair of Motor Vehicles (24.7%). Seasonally adjusted volume index for this sub-sector increased 10.7 per cent month-on-month.
The full publication of the Performance of Wholesale & Retail Trade, April 2022 can be downloaded through eStatistik Portal.
For more details, please refer to the Department's portal: www.dosm.gov.my
Data for April 2022 is provisional. The data will be updated based on the latest available figures and subsequently published in the Performance of Wholesale & Retail Trade, May 2022.
THE OFFICE OF CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
9 June 2022
Mohd Yusrizal Ab Razak
Public Relation Officer
Strategic Communication and International Division
Department of Statistics, Malaysia
Tel : +603-8885 7942
Fax : +603-8888 9248
E-mail : yusrizal.razak[at]dosm.gov.my