SALES VALUE OF WHOLESALE & RETAIL TRADE RECORDED RM110.8 BILLION
IN MAY 2019
Sales of Wholesale & Retail Trade in May 2019 amounted to RM110.8 billion, grew 6.8 per cent as compared to the same month a year ago. Retail Trade recorded an increase of RM3.2 billion (+7.8%) followed by Wholesale Trade with RM2.8 billion (+5.5%) and Motor Vehicles with RM1.1 billion (+9.1%). On monthly comparison, sales value increased RM5.4 billion (+5.1%) after registering a decrease of 3.7 per cent in April 2019.
Volume index for Wholesale & Retail Trade posted a growth of 6.2 per cent to 176.5 points as compared to the same month of the previous year. As for seasonally adjusted volume index, it increased 1.9 per cent as against a month ago. This growth was driven by Motor Vehicles with 3.2 per cent.
For performance across sub-sector, Motor Vehicles sub-sector was the main driver with year-on-year growth of 9.1 per cent. Within the same period, Retail Trade and Wholesale Trade rose 7.8 per cent and 5.5 per cent respectively. Compared to the previous month, sales value for all sub-sectors returned to positive growth.
The growth of 6.2 per cent in the volume index of Wholesale & Retail Trade was propelled by Motor Vehicles (9.1%) and Retail Trade (8.4%). This was followed by Wholesale Trade which grew 3.5 per cent within the same period.
Wholesale Trade generated a sales value of RM53.3 billion in May 2019, expanded 5.5 per cent as against the corresponding month of the previous year. The expansion was supported by Wholesale of Food, Beverages & Tobacco (8.0%), Wholesale of Household Goods (6.6%) and Wholesale of Agricultural, Raw Materials & Live Animals (5.6%). For monthly comparison, sales of this sub-sector rose 4.2 per cent.
Volume index of Wholesale Trade went up 3.5 per cent to 187.5 points in May 2019 as compared to the same month of the preceding year. Wholesale of Food, Beverages & Tobacco surpassed other wholesale industries with 8.9 per cent growth. This was followed by Wholesale of Household Goods (7.0%) and Wholesale of Agricultural Raw Materials & Live Animals (6.4%). Seasonally adjusted volume index of this sub-sector contracted 4.8 per cent as against a month ago.
Sales of Retail Trade registered annual growth of 7.8 per cent as compared to May 2018. The expansion was driven by Retail Sale of Food, Beverages & Tobacco in Specialised Stores (9.6%), Retail Sale of Other Goods in Specialised Stores (9.3%) and Retail Sale in Non-Specialised Stores (9.0%).
In terms of volume index, Retail Trade rose 8.4 per cent to 180.2 points in May 2019. Retail Sale of Other Goods in Specialised Stores posted a double-digit growth of 10.3 per cent. This was followed by Retail Sale of Information & Communications Equipment in Specialised Stores (9.9%) and Retail Sale of Food, Beverages & Tobacco in Specialised Stores (9.7%). As for seasonally adjusted volume index, it edged up 3.1 per cent as against April 2019.
Sales value of Motor Vehicles elevated 9.1 per cent as against the corresponding month of the previous year. This growth was the highest attained in the first five months of 2019. The expansion was propelled by double-digit growth in the Sale of Motor Vehicles of 13.1 per cent.
Compared to a month ago, sales value expanded 8.8 per cent after recorded a negative growth of 2.0 per cent in April 2019. The expansion was spurred by higher Sale of Motor Vehicles due to Aidilfitri festive season promotional campaigns.
As for volume index, it expanded 9.1 per cent to 138.4 points compared to a year ago. Sale of Motor Vehicle and Sale of Motor Vehicle Parts & Accessories contributed the most with 14.4 per cent and 7.3 per cent of each. For monthly comparison, the seasonally adjusted volume index recorded a positive growth of 3.2 per cent.
Data for May 2019 is provisional. The data will be updated based on the latest available figures and subsequently published in the performance of June 2019.
DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS MALAYSIA
12 July 2019
Rohaida binti Mohamad
Public Relation Officer
Strategic Communication and International Division
Department of Statistics, Malaysia
Tel : +603-8885 7942
Fax : +603-8888 9248
Email : rohaida.mohamad[at]dosm.gov.my