WHOLESALE & RETAIL TRADE MALAYSIA RECORDS RM110.8 BILLION, WITH 0.2 PER CENT
YEAR-ON-YEAR GROWTH IN SEPTEMBER 2020, ENDING SIX MONTHS OF DECLINE
Sales value of Wholesale & Retail Trade recorded RM110.8 billion in September 2020 with a growth of 0.2 per cent year-on-year. This was the first positive growth recorded after the Covid-19 outbreak, led by Motor Vehicles which advanced by 17.1 per cent or an increase of RM2.0 billion. Similarly, Retail Trade rose moderately to 1.1 per cent (RM0.5 billion). On the other hand, Wholesale Trade contracted -4.2 per cent (-RM2.3 billion) within the same period.
In September 2020, volume index of Wholesale & Retail Trade was on the positive track to register 0.1 per cent to record 130.0 points as compared to the same month of the previous year. Motor Vehicles recorded a positive growth of 15.1 per cent. Retail Trade also increased 0.1 per cent within the same period. Contrarily, Wholesale Trade registered -3.3 per cent. As for seasonally adjusted volume index, it inched up 1.1 per cent month-on-month.
Wholesale Trade generated sales value of RM52.5 billion in September 2020, a decrease of RM2.3 billion (-4.2%) as against September 2019. Other Specialised Wholesale and Wholesale on a Fee or Contract Basis recorded a fall of 14.2 per cent and 8.3 per cent respectively as compared to the previous year. For monthly comparison, sales of this sub-sector increased 1.2 per cent.
Volume index of Wholesale Trade registered 131.6 points, contracted 3.3 per cent year-on-year. The negative growth was recorded in Other Specialised Wholesale (-12.6%) and Wholesale on a Fee or Contract Basis (-6.4%). As for seasonally adjusted volume index, it increased 0.5 per cent month-on-month.
Sales of Retail Trade registered a positive growth of 1.1 per cent as compared to September 2019. Among groups that contributed to this increment were Retail Trade Not in Stores, Stalls or Markets (9.2%), Retail Sale Via Stalls & Markets (8.2%), Retail Sale of Food, Beverages & Tobacco in Specialised Stores (8.2%) and Retail Sale in Non-specialised Stores (7.6%). Compared with August 2020, sales of this sub-sector declined 2.5 per cent.
Volume Index of Retail Trade recorded 0.1 per cent growth to 134.9 points as compared to September 2019. Among the groups that contributed to this growth were Retail Trade Not in Stores, Stalls or Markets (10.0%), Retail Sale Via Stalls & Markets (7.5%), Retail Sale of Food, Beverages & Tobacco in Specialised Stores (7.5%) and Retail Sale in Non-specialised Stores (6.7%). As for seasonally adjusted volume index, it expanded 2.3 per cent as against August 2020.
Sales value of Motor Vehicles sub-sector registered year-on-year growth of 17.1 per cent. This increase was attributed to Sale of Motor Vehicles which registered a growth of 34.8 per cent and Sale, Maintenance & Repair of Motorcycle 9.4 per cent. For monthly comparison, sales of this sub-sector decreased 0.8 per cent.
The volume index of Motor Vehicles grew 15.1 per cent year-on-year to reach 112.2 points. The highest increment was contributed by Sale of Motor Vehicles (41.0%) and Sale, Maintenance & Repair of Motorcycles (7.6%). Seasonally adjusted volume index for this sub-sector went up 9.2 per cent month-on-month.
The full publication of the Performance of Wholesale & Retail Trade, September 2020 can be downloaded from eStatistik portal.
Data for September 2020 is provisional. The data will be updated based on the latest available figures and subsequently published in the Performance of Wholesale & Retail Trade, October 2020.
DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS MALAYSIA
10 November 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