MALAYSIA'S WHOLESALE & RETAIL TRADE SALES ROSE 8.5 PER CENT TO RECORD RM117.2 BILLION IN FEBRUARY 2022
Sales value of Wholesale & Retail Trade recorded RM117.2 billion in February 2022, registered a growth of 8.5 per cent year-on-year. The positive growth was contributed by all sub-sectors, namely Motor Vehicles 12.5 per cent, Retail Trade 1.2 per cent, and Wholesale Trade 6.2 per cent.
In terms of volume index, Wholesale & Retail Trade registered a growth of 3.8 per cent year-on-year to record 131.7 points. The increment was supported by the increase of Motor Vehicles 9.4 per cent, Retail Trade 5.4 per cent, and Wholesale Trade 0.4 per cent. As for seasonally adjusted volume index, it went up 4.9 per cent month-on-month in February 2022.
Wholesale Trade generated sales value of RM55.9 billion in February 2022 with a growth of 6.2 per cent as against February 2021. This increase was attributed to Wholesale of Agricultural Raw Materials & Live Animals 15.9 per cent and Wholesale of Food, Beverages & Tobacco 9.2 per cent as compared to the previous year. For monthly comparison, sales of this sub-sector declined -4.7 per cent.
Volume index of Wholesale Trade registered 125.8 points, expanded 0.4 per cent year-on-year. The positive growth was recorded in Wholesale of Agricultural Raw Materials & Live Animals (5.3%), Wholesale of Food, Beverages & Tobacco (2.4%), Wholesale of Household Goods (2.0%), and Wholesale of Machinery, Equipment & Supplies (1.1%). Meanwhile, the seasonally adjusted volume index increased marginally 1.5 per cent month-on-month.
Sales of Retail Trade registered a growth of 10.2 per cent as compared to February 2021. Among the groups that contributed to this expansion were Retail Trade Not in Stores, Stalls or Markets (25.9%), Retail Sale of Automotive Fuel in Specialised Stores (18.1%), and Retail Sale in Non-specialised Stores (15.9%). However, compared with January 2022, sales of this sub-sector edged down -0.4 per cent.
Volume Index of Retail Trade recorded a growth of 5.4 per cent to 146.2 points as compared to February 2021. Among the groups that contributed to this growth were Retail Trade Not in Stores, Stalls or Markets (28.4%), Retail Sale of Automotive Fuel in Specialised Stores (14.9%), Retail Sale in Non-specialised Stores (12.2%), and Retail Sale of Food, Beverages & Tobacco in Specialised Stores (6.4%). As for seasonally adjusted volume index, it rose 6.2 per cent as against January 2022.
Sales value of Motor Vehicles sub-sector registered a growth of 12.5 per cent year-on-year. The increment was contributed by Maintenance & Repair of Motor Vehicles which expanded 27.3 per cent and Sale of Motor Vehicles Parts & Accessories 27.0 per cent in February 2022. On a monthly basis, sales of this sub-sector went down -0.7 per cent.
The volume index of Motor Vehicles increased 9.4 per cent year-on-year to reach 107.4 points. The increase was attributed to Sale of Motor Vehicles Parts & Accessories (19.5%), and Maintenance & Repair of Motor Vehicles (17.6%). Seasonally adjusted volume index for this sub-sector increased 1.8 per cent month-on-month.
The full publication of the Performance of Wholesale & Retail Trade, February 2022 can be downloaded through eStatistik Portal.
For more details, please refer to the Department's portal: www.dosm.gov.my
Data for February 2022 is provisional. The data will be updated based on the latest available figures and subsequently published in the Performance of Wholesale & Retail Trade, March 2022.
DEPARTMENT OF STATISTICS, MALAYSIA
11 April 2022
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