WHOLESALE & RETAIL TRADE MALAYSIA RECORDS RM111.7 BILLION
IN JANUARY 2021
Sales value of Wholesale & Retail Trade recorded RM111.7 billion in January 2021, registering -2.7 per cent contraction year-on year. The contraction was due to Motor Vehicles which slipped -13.8 per cent. Similarly, Retail Trade and Wholesale Trade also decreased -2.5 per cent and -0.4 per cent respectively.
In terms of volume index, Wholesale & Retail Trade registered a growth of -2.9 per cent year-on-year to record 130.5 points. The decline was due to the decrease of -13.1 per cent and -3.2 per cent in Motor Vehicles and Retail Trade respectively. Wholesale Trade also recorded a negative growth to register -0.1 per cent. As for seasonally adjusted volume index, it went down 2.0 per cent month-on-month in January 2021.
Wholesale Trade generated sales value of RM55.4 billion in January 2021, a decrease of RM0.2 billion (-0.4%) as against January 2020. Wholesale of Agricultural Raw Materials & Live Animals recorded a fall of -6.0 per cent, Other Specialised Wholesale -4.9 per cent and Wholesale on a Fee or Contract Basis -4.7 per cent as compared to the previous year. For monthly comparison, sales of this sub-sector rose 0.2 per cent.
Volume index of Wholesale Trade registered 131.8 points, contracted 0.1 per cent year-on-year. The negative growth was recorded in Wholesale of Agricultural Raw Materials & Live Animals (-7.6%), Other Specialised Wholesale (-5.0%) and Wholesale on a Fee or Contract Basis (-2.0%). As for seasonally adjusted volume index, it increased 0.1 per cent month-on-month.
Sales of Retail Trade registered a negative growth of 2.5 per cent as compared to January 2020. Among groups that contributed to this fall were Retail Sale of Automotive Fuel in Specialised Stores (-14.1%), Retail Sale of Other Goods in Specialised Stores (-7.0%) and Retail Sale of Cultural & Recreation Goods in Specialised Stores (-5.1%). Compared with December 2020, sales of this sub-sector edged down 2.6 per cent.
Volume Index of Retail Trade recorded -3.2 per cent growth to 142.9 points as compared to January 2020. Among the groups that contributed to this growth were Retail Sale of Automotive Fuel in Specialised Stores (-12.5%), Retail Sale of Other Goods in Specialised Stores (-8.0%) and Retail Sale of Cultural & Recreation Goods in Specialised Stores (-6.4%). As for seasonally adjusted volume index, it increased 2.2 per cent as against December 2020.
Sales value of Motor Vehicles sub-sector registered year-on-year growth of negative 13.8 per cent. This decrease was attributed to Sale of Motor Vehicles which registered a growth of -17.6 per cent and Sale, Maintenance & Repair of Motorcycle -11.1 per cent. For monthly comparison, sales of this sub-sector contracted 20.5 per cent.
The volume index of Motor Vehicles declined -13.1 per cent year-on-year to reach 90.6 points. The decrease was contributed by Sale of Motor Vehicles (-16.8%) and Sale, Maintenance & Repair of Motorcycles (-11.4%). Seasonally adjusted volume index for this sub-sector went down 18.2 per cent month-on-month.
The full publication of the Performance of Wholesale & Retail Trade, January 2021 can be downloaded from eStatistik portal.
Data for January 2021 is provisional. The data will be updated based on the latest available figures and subsequently published in the Performance of Wholesale & Retail Trade, February 2021.
DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS MALAYSIA
12 March 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