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Sales value of Wholesale & Retail Trade recorded RM141.1 billion in February 2024, grew 5.5 per cent year-on-year. The positive growth was contributed by all sub-sectors, namely Retail Trade 5.8 per cent, Motor Vehicles 5.4 per cent, and Wholesale Trade 5.2 per cent. Meanwhile, for month-on-month comparison, sales value decreased -0.9 per cent.
In terms of volume index, Wholesale & Retail Trade registered a growth of 3.9 per cent year-on-year to record 151.1 points. The increase was supported by Retail Trade 4.5 per cent, Wholesale Trade 4.3 per cent, and Motor Vehicles 2.6 per cent.
For monthly comparison, volume index edged down -0.8 per cent, contributed by Wholesale Trade -2.4 per cent and Motor Vehicles -1.2 per cent.
As for seasonally
adjusted volume index, it went up 3.8
per cent month-on-month in February 2024 contributed by Retail Trade
4.4 per cent and Wholesale Trade 3.7 per cent.
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