In the month of September 2018, sales of Wholesale & Retail Trade recorded a growth of 7.2 per cent. The increase was attributed by Retail Trade which sustained its double-digit growth of 10.5 per cent.
Volume Index of Wholesale & Retail Trade rose 7.1 per cent to 169.6 points in September 2018 as compared to the same month a year ago. The increase was largely supported by Retail Trade (10.3%). Meanwhile, seasonally adjusted volume index decreased 3.9 per cent over the preceding month.
Sales of Wholesale Trade registered a growth of 6.5 per cent to RM52.4 billion as compared to the corresponding month of the previous year. The increase was supported by Wholesale of Household Goods and Other Specialised Wholesale which grew 9.8 per cent and 8.3 per cent respectively. Month-on-month, sales of this sub-sector increased 2.9 per cent.
Volume Index of Wholesale Trade grew 5.8 per cent to 187.8 points in September 2018 as compared to the same month of the preceding year.
For the reference month, sales of Retail Trade sustained its double-digit growth to record 10.5 per cent as compared to the same period of the previous year. The expansion was propelled by Sales in Specialised Stores, Sales in Non-Specialised Stores, Sales of Cultural and Recreation Goods in Specialised Stores, Retail Sales of Automotive Fuel and Sales of Food, Beverages and Tobacco in Specialised Stores.
In line with the sales value, Volume Index of Retail Trade also posted a double-digit growth of 10.3 per cent to 170.6 points in September 2018. As for seasonally adjusted index, it decreased 6.1 per cent.
Sales of Motor Vehicles plummeted 0.9 per cent in this month after recording double-digit growth for three consecutive months. This month’s lower sales was due to advanced buying by customers prior to the implementation of Sales and Services Tax which resulted in motor vehicles sales surged in the month of June to August, 2018.
Volume Index of Motor Vehicles grew at a slower pace of 0.4 per cent to 118.6 points compared to a year ago. For month-on-month comparison, seasonally adjusted volume index of this sub-sector contracted 14.7 per cent.
Data for September 2018 is provisional. The data will be updated based on the latest available figures and subsequently published in the bulletin of October 2018.
DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS MALAYSIA
12 November 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