SALES OF WHOLESALE AND RETAIL TRADE SUB-SECTOR AMOUNTED TO RM109 BILLION,
STRENGTHENED AT 8.0 PER CENT
Sales of Wholesale & Retail Trade increased 8.0 per cent in December 2018 compared to December 2017. The increase was attributed by Retail Trade sub-sector which continued its double-digit growth at 12.4 per cent. For 2018 performance, the sales value recorded a growth of 8.2 per cent to RM1,252.1 billion compared to 2017.
Volume index of Wholesale & Retail Trade rose 8.0 per cent to 175.7 points as against the same month a year ago. The increase was mainly driven by Retail Trade (12.2%). Meanwhile, seasonally adjusted volume index decreased 0.4 per cent over the preceding month. For annual comparison, the volume index strengthened 7.7 per cent to 168.9 points compared to 2017.
Sales of Wholesale Trade registered a year-on-year growth of 6.7 per cent to RM52.7 billion. The increase was supported by Other Specialised Wholesale, Wholesale of Food, Beverages & Tobacco and Wholesale on a Fee or Contract Basis which grew 9.0 per cent, 8.0 per cent and 7.6 per cent respectively. For monthly basis, sales of this sub-sector increased 3.3 per cent. Volume index of Wholesale Trade grew 6.0 per cent to 180.7 points in December 2018 as compared to the same month of the preceding year.
For the reference month, sales of Retail Trade sustained its double-digit growth to record 12.4 per cent as compared to the same period of the previous year. The expansion was propelled by Retail Sale in Non-Specialised Stores (15.9%) and Retail Sale of Other Goods in Specialised Stores (14.8%). In terms of volume index, Retail Trade also recorded a double-digit growth of 12.2 per cent to 190.1 points in December 2018. As for seasonally adjusted index, it increased 0.2 per cent.
For this month, sales value of Motor Vehicles amounted to RM11.9 billion, decreased 1.4 per cent as against December 2017. This was attributed by Sales of Motor Vehicles which recorded a negative growth of 5.1 per cent. Month-on-month, sales value also contracted 3.2 per cent. Volume index of Motor Vehicles declined 0.5 per cent to 125.1 points compared to a year ago. For month-on-month comparison, seasonally adjusted volume index of this sub-sector decreased 4.7 per cent.
Data for December 2018 is provisional. The data will be updated based on the latest available figures and subsequently published in the bulletin of January 2019.
DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS MALAYSIA
13 February 2019
Ho Mei Kei
Public Relation Officer
Strategic Communication and International Division
Department of Statistics, Malaysia
Tel : +603-8885 7942
Fax : +603-8888 9248
Email : mkho[at]dosm.gov.my