WHOLESALE & RETAIL TRADE MALAYSIA RECORDS A STURDY GROWTH OF 66.2 PER CENT
TO RM 111.1 BILLION IN APRIL 2021, WITH MOTOR VEHICLES INCREASE 1,551.3 PER CENT
Sales value of Wholesale & Retail Trade recorded RM111.1 billion in April 2021, registered positive growth of 66.2 per cent year-on-year. The growth was attributed by Motor Vehicles which increased 1,551.3 per cent. Similarly, Retail Trade and Wholesale Trade rose 56.4 per cent and 40.5 per cent respectively.
In terms of volume index, Wholesale & Retail Trade registered a growth of 71.5 per cent year-on-year to record 127.9 points. The increment was due to the increase of 1,687.8 per cent in Motor Vehicles. Retail Trade and Wholesale Trade also recorded a positive growth to register 63.5 per cent and 43.0 per cent respectively. As for seasonally adjusted volume index, it surged 5.1 per cent month-on-month in April 2021.
Wholesale Trade generated sales value of RM53.0 billion in April 2021, increased RM15.3 billion (40.5%) as against April 2020. Non-specialised Wholesale Trade grew 106.1 per cent, Other Specialised Wholesale 69.1 per cent and Wholesale of Machinery, Equipment & Supplies 55.3 per cent as compared to the previous year. For monthly comparison, sales of this sub-sector went up 0.4 per cent.
Volume index of Wholesale Trade registered 126.5 points, climbed up 43.0 per cent year-on-year. The positive growth was recorded in Non-specialised Wholesale Trade (120.7%), Other Specialised Wholesale (70.3%) and Wholesale of Machinery, Equipment & Supplies (55.7%). As for seasonally adjusted volume index, it increased 5.9 per cent month-on-month.
Sales of Retail Trade registered a positive growth of 56.4 per cent as compared to April 2020. Among groups that contributed to this expansion were Retail Sale of Other Goods in Specialised Stores (133.5%), Retail Sale of Automotive Fuel in Specialised Stores (120.9%), Retail Sale of Cultural & Recreation Goods in Specialised Stores (107.8%) and Retail Sale of Other Household Equipment in Specialised Stores (103.4%). Compared with March 2021, sales of this sub-sector edged down 1.5 per cent.
Volume Index of Retail Trade recorded 63.5 per cent growth to 135.1 points as compared to April 2020. Among the groups that contributed to this growth were Retail Sale of Other Goods in Specialised Stores (132.3%), Retail Sale of Cultural & Recreation Goods in Specialised Stores (114.4%), Retail Sale of Other Household Equipment in Specialised Stores (103.3%) and Retail Sale of Automotive Fuel in Specialised Stores (102.7%). As for seasonally adjusted volume index, it increased 4.6 per cent as against March 2021.
Sales value of Motor Vehicles sub-sector registered positive year-on-year growth of 1,551.3 per cent. This increase was attributed to Sale, Maintenance & Repair of Motorcycles which registered a growth of 2,450.4 per cent and Sale of Motor Vehicles 1,771.5 per cent. For monthly comparison, sales of this sub-sector contracted 7.9 per cent.
The volume index of Motor Vehicles rose 1,687.8 per cent year-on-year to reach 113.0 points. The increase was contributed by Sale, Maintenance & Repair of Motorcycles (3,102.7%) and Sale of Motor Vehicles (2,037.4%). Seasonally adjusted volume index for this sub-sector inched up 0.4 per cent month-on-month.
The full publication of the Performance of Wholesale & Retail Trade, April 2021 can be downloaded from eStatistik portal.
Data for April 2021 is provisional. The data will be updated based on the latest available figures and subsequently published in the Performance of Wholesale & Retail Trade, May 2021.
DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS MALAYSIA
11 June 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