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Sales value of Wholesale & Retail Trade recorded RM147.9 billion in May 2024, grew 7.1 per cent year-on-year. The positive growth was contributed by all sub-sectors, namely Motor Vehicles 10.5 per cent, Retail Trade 8.7 per cent, and Wholesale Trade 4.7 per cent. Meanwhile, for month-on-month comparison, sales value increased 2.0 per cent.
In terms of volume index, Wholesale & Retail Trade registered a growth of 5.7 per cent year-on-year to record 156.8 points. The increase was supported by Motor Vehicles 9.6 per cent, Retail Trade 6.8 per cent, and Wholesale Trade 3.4 per cent.
For monthly comparison, volume index edged up 1.8 per cent, contributed by Motor Vehicles 8.5 per cent and Wholesale Trade 2.3 per cent.
As for seasonally adjusted volume index, it went down -0.9 per cent month-on-month in May 2024.
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