Sales value of Wholesale & Retail Trade stood at RM90.1 billion in February 2017, registering 8.3 per cent growth as compared to the corresponding period in 2016. The sales value consists of Wholesale Trade ( RM44.1 billion), Retail Trade (RM35.7 billion) and Motor Vehicles (RM10.3 billion) businesses. The positive growth was contributed by both Retail Trade (8.7%) and Wholesale Trade (8.5%) businesses.
The volume index of Wholesale & Retail Trade rose 5.0 per cent to 146.3 points in February 2017 as compared to February 2016. The growth was supported by the increase in Retail Trade ( 6.0%), Motor Vehicles (4.6%) and Wholesale Trade (4.2%). The seasonally adjusted volume index of Wholesale & Retail Trade increased 0.9 per cent as compared to the preceding month.
Wholesale Trade Business
Sales value of Wholesale Trade business registered 8.5 per cent growth to RM44.1 billion as compared to the corresponding month of the previous year. On a monthly basis, sales value of this business decreased 4.3 per cent.
The volume index of Wholesale Trade grew 4.2 per cent to 152.2 points in February 2017 as compared to February 2016. Month-on-month, the volume index of Wholesale Trade (seasonally adjusted) increased 0.5 per cent as against the previous month.
Retail Trade Business
Retail Trade business recorded an increase in sales value to RM35.7 billion or 8.7 per cent as compared to last year. Month-on-month, this business dropped 1.1 per cent.
The volume index of Retail Trade rose 6.0 per cent to 152.2 points in February 2017 as compared to the same month a year earlier. Compared to the previous month, the seasonally adjusted volume index of Retail Trade went up 0.5 per cent.
Motor Vehicles Business
In this month, sales value of Motor Vehicles business increased 5.8 per cent to RM10.3 billion as compared to the same month of the preceding year. On a monthly basis, sales value of Motor Vehicles business declined 9.1 per cent.
Year-on-year, the volume index of Motor Vehicles increased 4.6 per cent to 116.5 points in February 2017. The seasonally adjusted volume index of Motor Vehicles went up 1.5 per cent in February 2017 as against January 2017.
Data for February 2017 is provisional. The data will be updated based on the latest available figures and subsequently published in the bulletin of March 2017.
DR MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS MALAYSIA
13 April 2017
Ho Mei Kei
Public Relation Officer
Corporate and User Services Division
Department of Statistics, Malaysia
Tel : +603-8885 7942
Fax : +603-8888 9248
Email : mkho[at]stats.gov.my