Volume index of Wholesale & Retail Trade rose 9.4 per cent to 157.7 points in July 2017 as compared to July 2016. The growth was supported by the increase in Retail Trade (12.9 %). Seasonally adjusted volume index of Wholesale & Retail Trade increased 0.1 per cent as compared to the preceding month.
Sales value of Wholesale & Retail Trade stood at RM96.5 billion in July 2017, registering 11.1 per cent growth as compared to the corresponding period in 2016. The sales value consists of Wholesale Trade ( RM45.9 billion), Retail Trade (RM38.3 billion) and Motor Vehicles (RM12.4 billion) businesses. The positive growth was contributed by Retail Trade (14.1%).
Wholesale Trade Business
Volume index of Wholesale Trade grew 6.8 per cent to 162.7 points in July 2017 as compared to July 2016. Month-on-month, volume index of Wholesale Trade (seasonally adjusted) decreased 0.9 per cent as against the previous month.
Sales value of Wholesale Trade business registered 9.2 per cent growth to RM45.9 billion as compared to the corresponding month of the previous year. Month-on-month, sales value of this business decreased 2.3 per cent.
Retail Trade Business
Volume index of Retail Trade rose 12.9 per cent to 163.8 points in July 2017 as compared to the same month a year earlier. Compared to June 2017, seasonally adjusted volume index of Retail Trade went down 0.3 per cent.
Retail Trade business recorded an increase in sales value to RM38.3 billion or 14.1 per cent as compared to last year. Month-on-month, this business increased 0.6 per cent.
Motor Vehicles Business
Year-on-year, volume index of Motor Vehicles increased 7.0 per cent to 129.8 points in July 2017. Seasonally adjusted volume index of Motor Vehicles went up 3.4 per cent in July 2017 as against June 2017.
In this month, sales value of Motor Vehicles business increased 9.8 per cent to RM12.4 billion as compared to the same month of the preceding year. Sales value of Motor Vehicles business increased 4.6 per cent as compared to the previous month.
Data for July 2017 is provisional. The data will be updated based on the latest available figures and subsequently published in the bulletin of August 2017.
DR MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS MALAYSIA
13 September 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