Volume index of Wholesale & Retail Trade recorded an increase of 9.6 per cent to 172.9 points in July 2018 as compared to July 2017. The expansion was contributed by both Retail Trade (12.0%) and Motor Vehicles (11.7%). Seasonally adjusted volume index of Wholesale & Retail Trade increased 1.3 per cent over the preceding month.
Sales value of Wholesale & Retail Trade continued to exceed RM100 billion for three consecutive months recording RM106.5 billion in July 2018. In terms of growth, the sales value increased 10.3 per cent as compared to the corresponding period in 2017, driven by Retail Trade (13.3%) and Motor Vehicles (12.1%).
Volume index of Wholesale Trade grew 6.7 per cent to 173.5 points in July 2018 as compared to July 2017. Month-on-month basis, seasonally adjusted volume index for this sub-sector registered an increase of 0.2 per cent.
Sales value of Wholesale Trade recorded 7.2 per cent growth to RM49.2 billion as compared to the corresponding month of the previous year. Month-on-month, this sub-sector declined 2.5 per cent.
Year-on-year, volume index of Retail Trade registered a growth rate of 12.0 per cent to 183.6 points in this month. Compared to June 2018, seasonally adjusted volume index of this sub-sector increased 1.0 per cent.
Sales value of Retail Trade recorded an increase of 13.3 per cent to RM43.4 billion as compared to July 2017. Month-on-month, sales value of this sub-sector registered positive growth of 1.7 per cent.
Volume index of Motor Vehicles rose 11.7 per cent to 145.0 points in July 2018 as compared to a year ago. This strong growth was driven by the increase in sales of motor vehicles following the decline in car prices due to the implementation of zero-rated tax. For month-on-month comparison, seasonally adjusted volume index of this sub-sector recorded 4.8 per cent growth.
For this month, sales value of Motor Vehicles amounted to RM13.9 billion or an increase of 12.1 per cent as compared to July 2017. Month-on-month, sales value registered positive growth of 6.5 per cent.
Data for July 2018 is provisional. The data will be updated based on the latest available figures and subsequently published in the bulletin of August 2018.
DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS MALAYSIA
7 September 2018
Ho Mei Kei
Public Relation Officer
Strategic Communication and International Division
Department of Statistics, Malaysia
Tel : +603-8885 7942
Fax : +603-8888 9248
Email : mkho[at]dosm.gov.my