SALES VALUE OF WHOLESALE & RETAIL TRADE RECORDED RM109.0 BILLION
IN FEBRUARY 2020
A total of RM109.0 billion was recorded by sales of Wholesale & Retail Trade in February 2020, an increase of RM5.5 billion or 5.3 per cent as compared to the same month a year ago. The growth was attributed to Retail Trade which increased RM2.7 billion (+6.3%). Similarly, Wholesale Trade and Motor Vehicles rose RM2.4 billion (+4.9%) and RM0.4 billion (+3.5%) respectively.
Volume index of Wholesale & Retail Trade posted a growth of 5.4 per cent to reach 127.9 points as compared to the same month of the previous year. The key contributor for this growth was Retail Trade with 6.4 per cent. As for seasonally adjusted volume index, it recorded -0.6 per cent as against a month ago.
For performance across sub-sector, Retail Trade led the other sub-sectors with year-on-year growth of 6.3 per cent. Within the same period, Wholesale Trade expanded 4.9 per cent, while Motor Vehicles rose 3.5 per cent.
The growth of 5.4 per cent (year-on-year) in the volume index of Wholesale & Retail Trade was driven by Retail Trade (6.4%). This was followed by Wholesale Trade and Motor Vehicles with 4.9 per cent and 3.6 per cent respectively.
Wholesale Trade generated sales value of RM52.6 billion in February 2020, increased RM2.4 billion (4.9%) as against the corresponding month of the previous year. The expansion was supported by Other Specialised Wholesale (7.0%), Wholesale of Household Goods (6.8%) and Wholesale of Food, Beverages & Tobacco (4.3%). For monthly comparison, sales of this sub-sector registered a negative growth of 5.4 per cent.
Volume index of Wholesale Trade expanded 4.9 per cent to 124.8 points in February 2020 as compared to the same month of the preceding year. This was driven by Other Specialised Wholesale (7.0%) and Wholesale of Household Goods (7.7%). For monthly comparison, seasonally adjusted volume index of this sub-sector registered a negative growth of 0.5 per cent.
Sales of Retail Trade registered a year-on-year growth of 6.3 per cent as compared to February 2019. The expansion was fueled by Retail Sale in Non-specialised Stores which registered (7.5%) and Retail Sale of Other Goods in Specialised Stores (7.6%).
Volume index of Retail Trade rose 6.4 per cent to 141.4 points in February 2020. This was attributed to Retail Sale in Non-Specialised Stores which expanded 7.4 per cent. This was followed by Retail Sale of Other Goods in Specialised Stores of 7.3 per cent. As for seasonally adjusted volume index, it decreased to -0.8 per cent as against January 2020.
Sales value of Motor Vehicles went up 3.5 per cent as against the corresponding period of the previous year. The increment was supported by Sale of Motor Vehicles (3.3%) and Sale of Motor Vehicles Parts & Accessories (3.5%). Compared to January 2020, sales value showed a negative growth of 9.4 per cent.
The volume index rose 3.6 per cent to 99.3 points compared to a year ago. It was propelled by Sale of Motor Vehicles with 3.7 per cent and Sale of Motor Vehicles Parts & Accessories with 3.4 per cent in February 2020. For monthly comparison, seasonally adjusted volume index increased 1.6 per cent.
The full publication of the Performance of Wholesale & Retail Trade, February 2020 can be downloaded from eStatistik portal.
Data for February 2020 is provisional. The data will be updated based on the latest available figures and subsequently published in the performance of March 2020.
DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS MALAYSIA
10 April 2020
Mohd Yusrizal Ab Razak
Public Relation Officer
Strategic Communication and International Division
Department of Statistics, Malaysia
Tel : +603-8885 7942
Fax : +603-8888 9248
Email : yusrizal.razak[at]dosm.gov.my