WHOLESALE & RETAIL TRADE MALAYSIA SLIPS 0.9 PER CENT TO RECORD RM108.0 BILLION
IN FEBRUARY 2021
Sales value of Wholesale & Retail Trade recorded RM108.0 billion in February 2021, registering -0.9 per cent contraction year-on year. The contraction was due to Retail Trade which slipped -2.1 per cent. Similarly, Motor Vehicles and Wholesale Trade also decreased -0.1 per cent respectively.
In terms of volume index, Wholesale & Retail Trade registered a growth of -1.1 per cent year-on-year to record 126.5 points. The decline was due to the decrease of -2.1 per cent and -1.0 per cent in Retail Trade and Motor Vehicles respectively. Wholesale Trade also recorded a negative growth to register 0.1 per cent. As for seasonally adjusted volume index, it expanded 4.0 per cent month-on-month in February 2021.
Wholesale Trade generated sales value of RM52.6 billion in February 2021, a decrease of RM0.03 billion (-0.1%) as against February 2020. Wholesale on a Fee or Contract Basis recorded a fall of -5.1 per cent, Other Specialised Wholesale -4.3 per cent and Wholesale of Agricultural Raw Materials & Live Animals -2.0 per cent as compared to the previous year. For monthly comparison, sales of this sub-sector went down 5.1 per cent.
Volume index of Wholesale Trade registered 124.7 points, contracted 0.1 per cent year-on-year. The negative growth was recorded in Wholesale on a Fee or Contract Basis (-5.8%), Wholesale of Agricultural Raw Materials & Live Animals (-5.4%) and Other Specialised Wholesale (-4.6%). As for seasonally adjusted volume index, it rose 2.0 per cent month-on-month.
Sales of Retail Trade registered a negative growth of 2.1 per cent as compared to February 2020. Among groups that contributed to this fall were Retail Sale of Automotive Fuel in Specialised Stores (-15.7%), Retail Sale of Other Goods in Specialised Stores (-6.6%) and Retail Sale of Cultural & Recreation Goods in Specialised Stores (-3.2%). Compared with January 2021, sales of this sub-sector edged down 3.0 per cent.
Volume Index of Retail Trade recorded -2.1 per cent growth to 138.5 points as compared to February 2020. Among the groups that contributed to this growth were Retail Sale of Automotive Fuel in Specialised Stores (-14.6%), Retail Sale of Other Goods in Specialised Stores (-7.0%) and Retail Sale of Cultural & Recreation Goods in Specialised Stores (-4.5%). As for seasonally adjusted volume index, it increased 2.0 per cent as against January 2021.
Sales value of Motor Vehicles sub-sector registered year-on-year growth of negative 0.1 per cent. This decrease was attributed to Maintenance & Repair of Motor Vehicles which registered a growth of -6.3 per cent and Sale of Motor Vehicles Parts & Accessories -4.1 per cent. For monthly comparison, sales of this sub-sector increased 3.2 per cent.
The volume index of Motor Vehicles declined -1.0 per cent year-on-year to reach 98.2 points. The decrease was contributed by Maintenance & Repair of Motor Vehicles (-6.8%) and Sale of Motor Vehicles Parts & Accessories (-4.7%). Seasonally adjusted volume index for this sub-sector surged 21.0 per cent month-on-month.
The full publication of the Performance of Wholesale & Retail Trade, February 2021 can be downloaded from eStatistik portal.
Data for February 2021 is provisional. The data will be updated based on the latest available figures and subsequently published in the Performance of Wholesale & Retail Trade, March 2021.
DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS MALAYSIA
9 April 2021
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