MALAYSIA'S WHOLESALE & RETAIL TRADE HITS THE HIGHEST SALES TO RECORD RM118.1 BILLION IN NOVEMBER 2021, INCREASED 7.0 PER CENT
Sales value of Wholesale & Retail Trade recorded RM118.1 billion in November 2021, registered a growth of 7.0 per cent year-on-year. The increase was contributed by all sub-sectors, namely Motor Vehicles 8.6 per cent, Wholesale Trade 6.8 per cent and Retail Trade 6.7 per cent.
In terms of volume index, Wholesale & Retail Trade registered a growth of 2.9 per cent year-on-year to record 133.3 points. The increment was supported by the increase of Motor Vehicles 5.2 per cent, Retail Trade 3.3 per cent and Wholesale Trade 1.4 per cent. As for seasonally adjusted volume index, it went up 1.6 per cent month-on-month in November 2021.
Wholesale Trade generated sales value of RM56.3 billion in November 2021 with a growth of 6.8 per cent as against November 2020. This increase was attributed to Wholesale of Agricultural Raw Materials & Live Animals 15.5 per cent, Wholesale of Food, Beverages & Tobacco 11.2 per cent and Other Specialised Wholesale 7.6 per cent as compared to the previous year. For monthly comparison, sales of this sub-sector rose 1.0 per cent.
Volume index of Wholesale Trade registered 130.7 points, expanded 1.4 per cent year-on-year. The positive growth was recorded in Wholesale of Food, Beverages & Tobacco (8.1%), Wholesale of Agricultural Raw Materials & Live Animal (7.1%), Wholesale of Machinery, Equipment & Supplies (2.3%) and Wholesale of Household Goods (1.8%). Meanwhile, the seasonally adjusted volume index increased 4.0 per cent month-on-month.
Sales of Retail Trade registered a growth of 6.7 per cent as compared to November 2020. Among the groups that contributed to this expansion were Retail Trade Not in Stores, Stalls or Markets (28.4%), Retail Sale of Automotive Fuel in Specialised Stores (18.2%), Retail Sale Via Stalls & Markets (11.6%), Retail Sale in Non-specialised Stores (9.9%) and Sale of Food, Beverages & Tobacco in Specialised Stores (9.1%). Compared with October 2021, sales of this sub-sector went up 3.4 per cent.
Volume Index of Retail Trade recorded a growth of 3.3 per cent to 143.4 points as compared to November 2020. Among the groups that contributed to this growth were Retail Trade Not in Stores, Stalls or Markets (24.5%), Retail Sale of Food, Beverages & Tobacco in Specialised Stores (8.1%), Retail Sale in Non-specialised Stores (7.5%), Retail Sale Via Stalls & Markets (6.9%), and Retail Sale of Automotive Fuel in Specialised Stores (6.7%). As for seasonally adjusted volume index, it increased marginally 0.5 per cent as against October 2021.
Sales value of Motor Vehicles sub-sector registered a growth of 8.6 per cent year-on-year. The increment was contributed by Sale of Motor Vehicles which expanded 11.8 per cent and Sale, Maintenance & Repair of Motorcycles 9.4 per cent in November 2021. On a monthly basis, sales of this sub-sector went down 1.9 per cent.
The volume index of Motor Vehicles increased 5.2 per cent year-on-year to reach 111.2 points. The increase was attributed to Sale of Motor Vehicles (13.0%) and Sale, Maintenance & Repair of Motorcycles (5.4%). Seasonally adjusted volume index for this sub-sector contracted 3.3 per cent month-on-month.
The full publication of the Performance of Wholesale & Retail Trade, November 2021 can be downloaded from eStatistik portal.
Data for November 2021 is provisional. The data will be updated based on the latest available figures and subsequently published in the Performance of Wholesale & Retail Trade, December 2021.
DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS MALAYSIA
11 January 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