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2015, gross output in Real Estate Services sector was RM28.1 bil.
2015, number of workers in Accommodation sector was 130,765 persons
2014, Distributive Trade recorded sales value of RM951.3b

Volume Index of Wholesale & Retail Trade Rose 5.8 Per Cent While Sales Value Again Surged Past RM100 Billion In May 2018

Release Date : Thursday 12, July 2018 1200


 

HIGHLIGHTS

Volume index of Wholesale & Retail Trade continue to grow, recorded  5.8 per cent to 166.1 points in May 2018 as compared to  May 2017. The gain was supported by expansion in both Retail Trade (7.5%) and Wholesale Trade (7.0%). Within the same month, seasonally adjusted volume index of Wholesale & Retail Trade increased 1.4 per cent over the preceding month.

Once   again,   the  sales  value  of  Wholesale  &  Retail   Trade   exceeded  RM100 billion  for the third times  to record RM103.7 billion in May 2018  (January 2018: RM101.1 billion; March 2018: RM103.8 billion). In terms of growth, the sales value increased  7.0 per cent  as compared to the corresponding period in 2017, driven by Retail Trade ( 9.3%) and Wholesale Trade ( 7.8%).

 

Wholesale Trade

Volume index of Wholesale Trade grew 7.0 per cent to 181.2 points in May 2018 as  compared to May 2017. Month-on-month basis, this volume index (seasonally adjusted) recorded positive growth of  1.3 per cent.

Wholesale  Trade  regained  its  momentum  to  record  a sales value of  RM50.5 billion,  expanded 7.8 percent compared to the previous year. Month-on-month basis, this business rose  4.0 per cent.

 

Retail Trade 

Year-on-year, volume index of Retail Trade registered a growth rate of  7.5 per cent, to register 166.3 points in this month. Compared to April 2018, seasonally adjusted volume index of Retail Trade increased by  3.1 per cent.

In the month of  review, Retail  Trade  recorded  sales value of  RM40.9 billion, an  increase of  9.3 per cent compared  to  May 2017. On average, monthly sales of every establishment recorded  RM162,000 (April 2018: RM155,000). Month-on-month, sales value of this business also improved remarkably from negative growth of  4.2 per cent to  4.5 per cent.

 

Motor Vehicles

Volume index of Motor Vehicles recorded negative growth of 4.5 per cent to 126.2 points in May 2018 as compared to a year ago.  For  month-on-month comparison,  seasonally  adjusted  volume  index  of  this  business also recorded negative growth of  1.6 per cent.

Sales value of Motor Vehicles amounted to RM12.3 billion, which was the highest attained since July 2017 (RM12.4 billion). For year-on-year comparison, the sales value of this sub-sector recorded negative growth of  3.1 per cent.  Nevertheless,  for  monthly  comparison,  the  sales  value  rebounded  to  positive growth  of  1.8 per cent  after  experiencing  a negative  growth of 1.7 per cent in April 2018.

 

The details report are as shown in Bulletin of Wholesale & Retail Trade and Table.

 

 *Notes:

Data for May 2018 is provisional. The data will be updated based on the latest available figures and subsequently published in the bulletin of June 2018.
 

Released By:

DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS MALAYSIA
 DrUzir_Mahidin      dr_uzir

12 July 2018

Contact person:

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

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