Volume index of Wholesale & Retail Trade rose 7.1 per cent to 158.0 points in February 2018 as compared to February 2017. The growth was supported by the increase in Retail Trade (8.1%) and Wholesale Trade (7.9%). Seasonally adjusted volume index of Wholesale & Retail Trade increased by 0.8 per cent as compared to the preceding month.
Sales value of Wholesale & Retail Trade stood at RM97.3 billion, increased 7.5% in February 2018 as compared to the corresponding period in 2017. The sales value consists of Wholesale Trade (RM47.6 billion), Retail Trade (RM39.2 billion) and Motor Vehicles (RM10.5 billion) businesses. The positive growth was contributed by Retail Trade (9.2%) and Wholesale Trade (7.5%) businesses.
Wholesale Trade Business
Volume index of Wholesale Trade grew 7.9 per cent to 165.9 points in February 2018 as compared to February 2017. Month-on-month basis, this volume index (seasonally adjusted) recorded positive growth 0.6 per cent as against the previous month.
Sales value of Wholesale Trade business registered 7.5 per cent growth to RM47.6 billion as compared to the corresponding month of the previous year. Month-on-month basis, this business registered negative growth 4.4 per cent.
Retail Trade Business
Volume index of Retail Trade rose 8.1 per cent to 165.9 points in February 2018 as compared to the same month of previous year. Compared to January 2018, seasonally adjusted volume index of Retail Trade increased by 1.0 per cent.
Retail Trade business recorded an increase in sales value to RM39.2 billion or 9.2 per cent as compared to a year ago. Month-on-month, sales value of this business registered negative growth 1.1 per cent.
Motor Vehicles Business
Year-on-year, volume index of Motor Vehicles recorded positive growth 0.5 per cent to 117.1 points in February 2018. Seasonally adjusted volume index of Motor Vehicles increased 0.7 per cent in February 2018 as against January 2018.
For this month, sales value of Motor Vehicles business recorded 1.9 per cent growth to RM10.5 billion as compared to the same month of the preceding year. Sales value of Motor Vehicles business registered negative growth 9.8 per cent as compared to the previous month.
Data for February 2018 is provisional. The data will be updated based on the latest available figures and subsequently published in the bulletin of March 2018.
DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS MALAYSIA
12 April 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