Overview

HIGHLIGHTS

In   the  month  of  August  2018,   sales  of  Wholesale &  Retail  Trade  sustained  double-digit  growth   momentum  to  rise  10.7  per cent to  RM107.9 billion. The  expansion  was  attributed  by  Retail  Trade  (14.8%)  and  Motor  Vehicles  (10.6%).

Volume index of Wholesale & Retail Trade expanded  10.5 per cent to 174.4 points as compared to the same month a year ago. The increase was largely supported  by  Retail  Trade  (13.9%).  For seasonally adjusted  volume  index, it  posted an increase of  1.4 per cent over the preceding month

Wholesale Trade

Sales of  Wholesale Trade registered a growth of  7.4 per cent to RM50.9 billion as compared to the corresponding month of the previous  year.Month-on-month, this sub-sector increased  3.6 per cent.

Volume   index   of   Wholesale   Trade   grew   7.1 per cent   to  181.5  points  in  August  2018  as  compared   to   the  same  month  of  the  preceding   year. Month-on-month  basis,seasonally   adjusted   volume   index   for  this  sub-sector  expanded   2.2 per cent.

Retail Trade 

For   reference  month, sales  of  Retail  Trade  grew  at  a  faster  pace  to  record   14.8   per cent  as compared  to  13.3  per cent  in  previous  month. The expansion  was  led  by Sales  in Specialised  Stores,  Sales  in  Non-Specialised  Stores  and  Sales  of  Information  &  Communication   Equipment  in  Specialised   Stores. This   was   in   line   with   consumers   took   advantage  of  the  tax  holiday.  Month-on-month,  sales   of   this    sub-sector   registered   a  positive  growth of   0.1 per cent.

Volume  index  of  Retail  Trade recorded  a  growth  of  13.9   per cent  to register   180.3  points, the highest  attained since March, 2015 (13.0%). As  for seasonally  adjusted  index, it  increased  1.4 per cent.

Motor Vehicles

Sales of Motor Vehicles continued to record  double-digit growth for three consecutive months by registering  10.6 per cent in August 2018  with sales value of RM13.5 billion. The expansion in the sales was mainly due to zero-rated implementation of Goods and Services Tax before the reintroduction of Sales and Services Tax on September 1, 2018.

Volume index of Motor Vehicles rose  10.3 per cent to 139.5 points compared to a year ago. For month-on-month comparison, seasonally adjusted volume index of this sub-sector contracted  1.8 per cent.

The details report are as shown in Bulletin of Wholesale & Retail Trade and Table.

 *Notes:

Data for August 2018 is provisional. The data will be updated based on the latest available figures and subsequently published in the bulletin of  September 2018.
 

Released By:

DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS MALAYSIA
 DrUzir_Mahidin      dr_uzir

12 October 2018

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