Sales value of Wholesale & Retail Trade recorded a strong growth of 10.7 per cent to RM96.9 billion in May 2017 as compared to RM87.5 billion in 2016. The sales value consists of Wholesale Trade (RM46.9 billion), Retail Trade (RM37.2 billion) and Motor Vehicles (RM12.8 billion) businesses. The positive growth was contributed by Retail Trade (13.1%).
The volume index of Wholesale & Retail Trade rose 8.2 per cent to 156.6 points in May 2017 as compared to May 2016. The growth was supported by the increase in Retail Trade (10.7%). The seasonally adjusted volume index of Wholesale & Retail Trade increased 2.9 per cent as compared to the preceding month.
Wholesale Trade Business
Sales value of Wholesale Trade business registered 9.0 per cent growth to RM46.9 billion as compared to the corresponding month of the previous year. Month-on-month, sales value of this business increased 3.8 per cent.
The volume index of Wholesale Trade grew 6.1 per cent to 169.4 points in May 2017 as compared to May 2016. Month-on-month, the volume index of Wholesale Trade (seasonally adjusted) increased 2.7 per cent as against the previous month.
Retail Trade Business
Retail Trade business recorded an increase in sales value to RM37.2 billion or 13.1 per cent as compared to last year. Month-on-month, this business increased 2.7 per cent.
The volume index of Retail Trade rose 10.7 per cent to 153.2 points in May 2017 as compared to the same month a year earlier. Compared to April 2017, the seasonally adjusted volume index of Retail Trade went up 0.4 per cent.
Motor Vehicles Business
In this month, sales value of Motor Vehicles business increased 10.2 per cent to RM12.8 billion as compared to the same month of the preceding year. Sales value of Motor Vehicles business increased 12.8 per cent as compared to the previous month.
Year-on-year, the volume index of Motor Vehicles increased 7.9 per cent to 133.3 points in May 2017. The seasonally adjusted volume index of Motor Vehicles went up 15.0 per cent in May 2017 as against April 2017.
Data for May 2017 is provisional. The data will be updated based on the latest available figures and subsequently published in the bulletin of June 2017.
DR MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS MALAYSIA
14 July 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