Overview

SALES  OF  WHOLESALE  &  RETAIL  TRADE  MALAYSIA  RECORDED  RM100.0  BILLION  IN AUGUST 2021, DIPPED -10.2 PER CENT AS AGAINTS AUGUST 2020, HOWEVER, GREW 7.9 PER CENT MONTH-ON-MONTH

HIGHLIGHTS

Sales  value  of  Wholesale  &  Retail  Trade  recorded  RM100.0 billion  in  August  2021, registered a growth of  -10.2 per cent year-on-year. The  fall  was  contributed  by  all  sub-sectors  with  Motor  Vehicles   -57.6 per cent, Retail Trade  -7.5  per  cent  and  Wholesale  Trade  -0.1 per cent.

In  terms  of  volume  index,  Wholesale  &  Retail  Trade  registered  a  growth  of  -12.2  per  cent  year-on-year  to  record  114.1 points. The main sub-sector that contributed to the fall was Motor Vehicles with a decrease of   -59.0 per cent. Retail  Trade  and  Wholesale  Trade also recorded negative growths of  -8.1 per cent  and   -3.3 per cent,  respectively. However,  seasonally  adjusted  volume  index  went  up   5.3 per cent  month-on-month in August 2021.

Wholesale Trade

Wholesale Trade generated sales value of  RM51.9 billion in August 2021 with a growth of  -0.1 per cent as against August 2020. This decrease was attributed to Wholesale on a Fee or Contract Basis  -19.4 per cent, Wholesale of Household Goods and Wholesale of Machinery, Equipment & Supplies with  -9.7 per cent and  -6.7 per cent respectively as compared to the previous year. For monthly comparison, sales of this sub-sector rose  4.7 per cent.

Volume index of Wholesale Trade registered  123.2 points, contracted  -3.3 per cent year-on-year. The negative growth was recorded in Wholesale on a Fee or Contract Basis (-22.3%), Wholesale  of  Machinery,  Equipment  & Supplies and Wholesale of  Household  Goods  to  register   -7.4  per  cent  and   -6.1 per cent  respectively.   On    the    other    hand,   seasonally   adjusted     volume     index     declined    -1.2  per  cent  month-on-month.

Retail Trade 

Sales of Retail Trade registered a growth of  -7.5 per cent as compared to August 2020. Among the groups that contributed to this decline were Retail Sale of Other Goods in Specialised Stores (-14.8%), Retail Sale in Non-specialised Stores (-8.1%) and Retail Sale of Other Household Equipment in Specialised Stores (-7.5%). Contrarily, sales of this sub-sector went up  2.9 per cent as compared with July 2021.

Volume Index of Retail Trade recorded a growth of  -8.1 per cent to  127.8 points as compared to August 2020. Among the groups that contributed to this growth were Retail Sale of Automotive Fuel in Specialised Stores (-15.4%), Retail Sale of Other Goods in  Specialised Stores (-13.2%) and Retail Sale of Other Household Equipment in Specialised Stores (-10.9%). Conversely, seasonally adjusted volume index increased  1.5 per cent as against July 2021.

Motor Vehicles

Sales value of Motor Vehicles sub-sector registered a growth of  -57.6 per cent year-on-year. This decrease was attributed to Sale of Motor Vehicles which registered a growth of  -60.9 per cent and Sale, Maintenance & Repair of Motorcycles  -79.0 per cent. However, sales of this sub-sector surged  188.1  per cent month-on-month.

The volume index of Motor Vehicles slipped  -59.0 per cent year-on-year to reach  46.0 points. The decline was attributed to Sale of Motor Vehicles  (-61.1%) and Sale, Maintenance & Repair of Motorcycle (-89.0%). On the other hand, seasonally adjusted volume index for this sub-sector expanded  247.9 per cent month-on-month.

The full publication of the Performance of Wholesale & Retail Trade, August 2021 can be downloaded from  eStatistik portal.

 Note.

Data for August 2021 is provisional. The data will be updated based on the latest available figures and subsequently published in the Performance of Wholesale & Retail Trade, September 2021.

Released by:

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

12 October 2021
 

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