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Malaysia Sales Value of Wholesale & Retail Trade Recorded RM108.9 Billion in January 2019

IM Insights
By IM Insights
1 week ago
Malaysia Sales Value of Wholesale & Retail Trade Recorded RM108.9 Billion in January 2019Sales

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  1. EMBARGO : Only to be published or disseminated at 1200 hours, Thursday, 14 March 2019 DEPARTMENT OF STATISTICS MALAYSIA SALES VALUE OF WHOLESALE & RETAIL TRADE RECORDED RM108.9 BILLION IN JANUARY 2019
  2. SALES VALUE OF WHOLESALE & RETAIL TRADE RECORDED RM108.9 BILLION IN JANUARY 2019 HIGHLIGHTS In the first month of 2019, sales of Wholesale & Retail Trade expanded 7.8 per cent compared to January 2018. Retail Trade sub-sector continued to be the main driver with 10.6 per cent year-on-year growth. Volume index of Wholesale & Retail Trade rose 7.9 per cent to 176.2 points as against the same month a year ago. The increase was mainly attributed by Retail Trade (11.2%). Meanwhile, seasonally adjusted volume index increased 0.8 per cent over the preceding month. Wholesale Trade Wholesale Trade generated sales of RM52.9 billion in January 2019, an increase of 6.2 per cent as compared to the same month a year ago. The increase was supported by Wholesale of Household Goods, Other Specialised Wholesale and Wholesale of Food, Beverages and Tobacco which grew 7.6 per cent, 7.3 per cent and 6.3 per cent respectively. On monthly basis, sales of this sub-sector increased 0.2 per cent. Volume index of Wholesale Trade rose 5.2 per cent to 181.7 points in January 2019 as compared to the same month of the preceding year. Retail Trade Sales of Retail Trade recorded 10.6 per cent, a double digit annual growth as compared to the same period of the previous year. The expansion was propelled by Retail Sale in Non-Specialised Stores (13.9%), Retail Sale of Other Goods in Specialised Stores (12.1%) and Retail Sale of Cultural and Recreation Goods in Specialised Stores (11.6%). In terms of volume index, Retail Trade also recorded a double-digit growth of 11.2 per cent to 188.0 points in January 2019. As for seasonally adjusted index, it decreased 0.2 per cent. Motor Vehicles Sales value of Motor Vehicles rebounded to 4.8 per cent compared to January 2018 after contracting of 1.4 per cent a month ago. Month-on-month, sales value also rebounded to record 2.6 per cent. The higher sales were mainly contributed by clearance of 2018 stocks and strong demand for new models launched between December 2018 to January 2019. Volume index of Motor Vehicles increased 5.6 per cent to 131.5 points compared to a year ago. For month-on-month comparison, seasonally adjusted volume index of this sub-sector rose 7.5 per cent. The details report are as shown in Bulletin of Wholesale & Retail Trade and Table. Note. Data for January 2019 is provisional. The data will be updated based on the latest available figures and subsequently published in the bulletin of February 2019. Released By: DATO' SRI DR. MOHD UZIR MAHIDIN CHIEF STATISTICIAN MALAYSIA DEPARTMENT OF STATISTICS MALAYSIA DrUzir_Mahidin dr_uzir 14 March 2019 Contact person: Ho Mei Kei Public Relation Officer Strategic Communication and International Division Department of Statistics, Malaysia Tel : +603-8885 7942 Fax : +603-8888 9248 Email : mkho[at]dosm.gov.my