SALES VALUE OF WHOLESALE & RETAIL TRADE RECORDED RM109.3 BILLION
IN MARCH 2019
In the third month of 2019, sales of Wholesale & Retail Trade amounted to RM109.3 billion, recorded a growth rate of 5.4 per cent as compared to March 2018. For monthly comparison, sales value rebounded to 5.7 per cent after contracting 5.0 per cent in February 2019.
Volume index for Wholesale & Retail Trade rose 5.1 per cent to 176.9 points as compared to the same month of the previous year. For seasonally adjusted volume index, it decreased 1.2 per cent as against a month ago.
For performance across sub-sector, Retail Trade sub-sector remained as the main driver with year-on-year growth of 6.9 per cent. Within the same period, Wholesale Trade rose 5.0 per cent, while Motor Vehicles increased marginally at 1.8 per cent. Compared to the previous month, sales value for all sub-sectors rebounded to positive growth led by Motor Vehicles with 16.0 per cent. This was followed by Wholesale Trade which recorded 6.1 per cent and Retail Trade (2.6%).
The growth of 5.1 per cent in the volume index of Wholesale & Retail Trade was propelled by Retail Trade which expanded 7.4 per cent. Motor Vehicles and Wholesale Trade also posted an increase with 3.4 per cent growth respectively. As for seasonally adjusted volume index, it contracted 1.2 per cent.
Wholesale Trade generated a sales value of RM53.2 billion in March 2019, increased 5.0 per cent as against the same month in the previous year. The expansion was supported by Other Specialised Wholesale, Wholesale of Household Goods and Non-Specialised Wholesale Trade which grew 6.3 per cent, 5.6 per cent and 5.2 per cent respectively. For monthly comparison, sales of this sub-sector rose 6.1 per cent.
Volume index of Wholesale Trade rose 3.4 per cent to 184.6 points in Mac 2019 as compared to the same month of the preceding year. Wholesale of Agricultural Raw Materials & Live Animals surpassed other wholesale industries with 8.8 per cent growth. This was followed by Wholesale of Household Goods (7.1%) and Non-Specialised Wholesale Trade (6.8%).
Sales of Retail Trade recorded 6.9 per cent as compared to March 2018. The expansion was driven by Retail Sale via Stalls & Markets (9.8%), Retail Sale of Food, Beverages and Tobacco in Specialised Stores (9.4%) and Retail Sale of Cultural & Recreation Goods in Specialised Stores (8.1%).
In terms of volume index, Retail Trade rose 7.4 per cent to 186.4 points in March 2019. Retail Sale via Stalls & Markets and Retail Sale of Information & Communication Equipment in Specialised Stores posted a double-digit growth of 11.9 per cent and 11.4 per cent respectively. The next contributor was Retail Sale of Food, Beverages & Tobacco in Specialised Stores and Retail Sale of Cultural & Recreation Goods in Specialised Stores with 9.1 per cent growth.
Sales value of Motor Vehicles increased at a slower pace of 1.8 per cent as against the corresponding month of the previous year. This was attributed by Sale of Motor Vehicles which continued to decline at 0.2 per cent in this month. Nevertheless, Maintenance & Repair of Motor Vehicles, Sale of Motor Vehicle Parts & Accessories and Sales, Maintenance & Repair of Motorcycles posted a positive growth of 5.2 per cent, 4.5 per cent and 3.2 per cent respectively.
As for volume index, it increased 3.4 per cent to 132.1 points compared to a year ago. Sale of Motor Vehicle Parts & Accessories and Sales, Maintenance & Repair of Motorcycles & Related Parts & Accessories contributed the most to this gain with 7.0 per cent and 5.6 per cent of each. For monthly comparison, the seasonally adjusted volume index recorded negative growth of 4.9 per cent.
Data for March 2019 is provisional. The data will be updated based on the latest available figures and subsequently published in the bulletin of April 2019.
DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS MALAYSIA
13 May 2019
Public Relation Officer
Strategic Communication and International Division
Department of Statistics, Malaysia
Tel : +603-8885 7187 / 7942
Fax : +603-8888 9248
Email : jpbkkp[at]dosm.gov.my