SALES VALUE OF WHOLESALE & RETAIL TRADE MALAYSIA
CONTINUE RECOVERY IN JULY 2020
Sales value of Wholesale & Retail Trade recorded RM108.7 billion in July 2020, contracted 3.5 per cent as compared with the same period last year. This was the highest sales value during Movement Control Order due to Covid-19. Motor Vehicles rebounded 1.7 per cent or an increase of RM0.2 billion. On the other hand, Wholesale Trade and Retail Trade continued to register a negative growth of -4.5 per cent (-RM2.4 billion) and -3.5 per cent (-RM1.8 billion) respectively.
In July 2020, volume index of Wholesale & Retail Trade has started showing signs of recovery. This index registered 127.7 points, recorded an annual growth of -3.9 per cent. This was the smallest negative growth since March 2020. Motor Vehicles recorded a positive growth of 1.8 per cent. Contrarily, Wholesale Trade declined -4.0 per cent. Retail Trade also went down -5.2 per cent within the same period. As for seasonally adjusted volume index, it increased 6.5 per cent in this month.
Wholesale Trade generated sales value of RM50.0 billion in July 2020, a decrease of RM2.4 billion (-4.5%) as against July 2019. Other Specialised Wholesale, Wholesale on a Fee or Contract Basis and Wholesale of Machinery, Equipment & Supplies recorded a fall of 15.3 per cent, 8.9 per cent and 1.1 per cent respectively as compared to the previous year. For monthly comparison, sales of this sub-sector increased 2.2 per cent.
Volume index of Wholesale Trade registered 121.5 points, contracted 4.0 per cent as compared to the same month of the previous year. The negative growth was recorded in Other Specialised Wholesale (-14.3%), Wholesale on a Fee or Contract Basis (-7.9%) and Wholesale of Machinery, Equipment & Supplies (-0.9%). As for seasonally adjusted volume index, it went up 5.1 per cent as against June 2020.
Sales of Retail Trade registered a negative growth of 3.8 per cent as compared to July 2019. Among groups that contributed to this fall were Retail Sale of Other Goods in Specialised Stores (-10.8%), Retail Sale of Cultural & Recreation Goods in Specialised Stores (-10.5%) and Retail Sale of Other Household Equipment in Specialised Stores (-8.5%). Compared with June 2020, sales of this sub-sector rose 7.1 per cent.
Volume Index of Retail Trade recorded -5.2 per cent growth to 138.8 points as compared to July 2019. In line with the sales value, the largest decline was depicted in Retail Sale of Cultural & Recreation Goods in Specialised Stores (-11.8%), Retail Sale of Other Goods in Specialised Stores (-11.3%) and Retail Sale of Other Household Equipment in Specialised Stores (-9.1%). As for seasonally adjusted volume index, it rose 6.2 per cent as against June 2020.
Sales value of Motor Vehicles registered year-on-year growth of 1.7 per cent, rebounded from -4.5 per cent in June 2020. This increase was due to Sale of Motor Vehicles which registered a growth of 5.8 per cent and Sale, Maintenance & Repair of Motorcycles 2.8 per cent. For monthly comparison, sales of this sub-sector grew 14.3 per cent.
The volume index of Motor Vehicles grew 1.8 per cent year-on-year to reach 116.5 points. The highest increment was contributed by Sale of Motor Vehicles (7.6%) and Sale, Maintenance & Repair of Motorcycles (2.6%). Seasonally adjusted volume index for this sub-sector expanded 8.3 per cent as compared to June 2020.
The full publication of the Performance of Wholesale & Retail Trade, July 2020 can be downloaded from eStatistik portal.
Data for July 2020 is provisional. The data will be updated based on the latest available figures and subsequently published in the Performance of Wholesale & Retail Trade, August 2020.
DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS MALAYSIA
11 September 2020
Mohd Yusrizal Ab Razak
Public Relation Officer
Strategic Communication and International Division
Department of Statistics, Malaysia
Tel : +603-8885 7942
Fax : +603-8888 9248
E-mail : yusrizal.razak[at]dosm.gov.my