WHOLESALE & RETAIL TRADE MALAYSIA RECORDED RM108.3 BILLION IN MAY 2021,
GREW 28.3 PER CENT YEAR-ON-YEAR DUE TO LOW BASE
Sales value of Wholesale & Retail Trade recorded RM108.3 billion in May 2021, registered a positive growth of 28.3 per cent year-on-year. The growth was attributed to Motor Vehicles which increased 71.1 per cent. Similarly, Wholesale Trade and Retail Trade rose 31.2 per cent and 17.3 per cent respectively.
In terms of volume index, Wholesale & Retail Trade registered a growth of 27.2 per cent year-on-year to record 123.6 points. The increment was due to the increase of 66.0 per cent in Motor Vehicles. Wholesale Trade and Retail Trade also recorded a positive growth to register 27.9 per cent and 20.1 per cent respectively. As for seasonally adjusted volume index, it went down 6.6 per cent month-on-month in May 2021.
Wholesale Trade generated sales value of RM53.4 billion in May 2021, increased RM12.7 billion (31.2%) as against May 2020. Other Specialised Wholesale was the highest contributor with an increase of 70.5 per cent as compared to the previous year. For monthly comparison, sales of this sub-sector went up 0.8 per cent.
Volume index of Wholesale Trade registered 126.7 points, climbed up 27.9 per cent year-on-year. The positive growth was recorded in Other Specialised Wholesale (67.8%). As for seasonally adjusted volume index, it decreased 4.5 per cent month-on-month.
Sales of Retail Trade registered a positive growth of 17.3 per cent as compared to May 2020. Among groups that contributed to this expansion were Retail Sale of Information & Communication Equipment in Specialised Stores (35.6%), Retail Sale of Other Household Equipment in Specialised Stores (32.2%) and Sale of Cultural & Recreation Goods in Specialised Stores (28.0%). Compared with April 2021, sales of this sub-sector edged down 2.2 per cent.
Volume Index of Retail Trade recorded 20.1 per cent growth to 131.8 points as compared to May 2020. Among the groups that contributed to this growth were Retail Sale of Information & Communication Equipment in Specialised Stores (34.3%), Retail Sale of Cultural & Recreation Goods in Specialised Stores (30.5%) and Retail Sale of Other Goods in Specialised Stores (30.3%). As for seasonally adjusted volume index, it decreased 2.9 per cent as against April 2021.
Sales value of Motor Vehicles sub-sector registered positive year-on-year growth of 71.1 per cent. This increase was attributed to Sale of Motor Vehicles which registered a growth of 99.8 per cent. For monthly comparison, sales of this sub-sector contracted 16.2 per cent.
The volume index of Motor Vehicles rose 66.0 per cent year-on-year to reach 90.6 points. The increase was contributed by Sale of Motor Vehicles (115.0%). Seasonally adjusted volume index for this sub-sector declined 25.0 per cent month-on-month.
The full publication of the Performance of Wholesale & Retail Trade, May 2021 can be downloaded from eStatistik portal.
Data for May 2021 is provisional. The data will be updated based on the latest available figures and subsequently published in the Performance of Wholesale & Retail Trade, June 2021.
DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS MALAYSIA
12 July 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