Malaysia: Volume Index of Wholesale Retail Trade Rose 5.3 Per Cent in September 2017

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1. EMBARGO : Only to be published or disseminated at 1200 hours, Thursday, 9 November 2017 DEPARTMENT OF STATISTICS MALAYSIA PRESS RELEASE VOLUME INDEX OF WHOLESALE & RETAIL TRADE ROSE 5.3 PER CENT IN SEPTEMBER 2017
2. HIGHLIGHTS Volume index of Wholesale & Retail Trade rose 5.3 per cent to 158.3 points in September 2017 as compared to September 2016. The growth was supported by the increase in Wholesale Trade (7.0%) and Retail Trade ( 6.7%). Seasonally adjusted volume index of Wholesale & Retail Trade registered negative growth 1.2 per cent as compared to the preceding month. Sales value of Wholesale & Retail Trade stood at RM97.8 billion (7.6%) in September 2017 as compared to the corresponding period in 2016. The sales value consists of Wholesale Trade ( RM49.3 billion) , Retail Trade (RM37.3 billion) and Motor Vehicles (RM11.3 billion) businesses.The positive growth was contributed by Retail Trade ( 9.6%) and Wholesale Trade (9.3%). Wholesale Trade Business Volume index of Wholesale Trade grew 7.0 per cent to 177.6 points in September 2017 as compared to September 2016. Month-on-month basis, this volume index (seasonally adjusted) recorded negative growth 2.0 per cent as against the previous month. Sales value of Wholesale Trade business registered 9.3 per cent growth to RM49.3 billion as compared to the corresponding month of the previous year. Month-on-month basis, sales value of this business increased 3.9 per cent. Retail Trade Business Volume index of Retail Trade rose 6.7 per cent to 154.2 points in September 2017 as compared to the same month of previous year. Compared to August 2017, seasonally adjusted volume index of Retail Trade recorded negative growth 2.9 per cent. Retail Trade business recorded an increase in sales value to RM37.3 billion or 9.6 per cent as compared to last year. Month-on-month, this business registered negative growth 1.5 per cent.
3. Motor Vehicles Business Year-on-year , volume index of Motor Vehicles recorded negative growth 5.6 per cent to 118.0 points in September 2017. Seasonally adjusted volume index of Motor Vehicles dropped 6.9 per cent in September 2017 as against August 2017. For this month, sales value of Motor Vehicles business registered negative growth 5.0 per cent to RM11.3 billion as compared to the same month of the preceding year. Sales value of Motor Vehicles business recorded negative growth 7.4 per cent as compared to the previous month. The details report are as shown in Bulletin of Distributive Trade and Table 1. *Notes: Data for September 2017 is provisional. The data will be updated based on the latest available figures and subsequently published in the bulletin of October 2017. Released By: DR MOHD UZIR MAHIDIN CHIEF STATISTICIAN MALAYSIA DEPARTMENT OF STATISTICS MALAYSIA 9 November 2017 Contact person: Ho Mei Kei Public Relation Officer Corporate and User Services Division Department of Statistics, Malaysia Tel : +603-8885 7942 Fax : +603-8888 9248 Email : mkho[at]stats.gov.my