SALES OF WHOLESALE & RETAIL TRADE MALAYSIA RECORDED RM100.0 BILLION IN AUGUST 2021, DIPPED -10.2 PER CENT AS AGAINTS AUGUST 2020, HOWEVER, GREW 7.9 PER CENT MONTH-ON-MONTH
Sales value of Wholesale & Retail Trade recorded RM100.0 billion in August 2021, registered a growth of -10.2 per cent year-on-year. The fall was contributed by all sub-sectors with Motor Vehicles -57.6 per cent, Retail Trade -7.5 per cent and Wholesale Trade -0.1 per cent.
In terms of volume index, Wholesale & Retail Trade registered a growth of -12.2 per cent year-on-year to record 114.1 points. The main sub-sector that contributed to the fall was Motor Vehicles with a decrease of -59.0 per cent. Retail Trade and Wholesale Trade also recorded negative growths of -8.1 per cent and -3.3 per cent, respectively. However, seasonally adjusted volume index went up 5.3 per cent month-on-month in August 2021.
Wholesale Trade generated sales value of RM51.9 billion in August 2021 with a growth of -0.1 per cent as against August 2020. This decrease was attributed to Wholesale on a Fee or Contract Basis -19.4 per cent, Wholesale of Household Goods and Wholesale of Machinery, Equipment & Supplies with -9.7 per cent and -6.7 per cent respectively as compared to the previous year. For monthly comparison, sales of this sub-sector rose 4.7 per cent.
Volume index of Wholesale Trade registered 123.2 points, contracted -3.3 per cent year-on-year. The negative growth was recorded in Wholesale on a Fee or Contract Basis (-22.3%), Wholesale of Machinery, Equipment & Supplies and Wholesale of Household Goods to register -7.4 per cent and -6.1 per cent respectively. On the other hand, seasonally adjusted volume index declined -1.2 per cent month-on-month.
Sales of Retail Trade registered a growth of -7.5 per cent as compared to August 2020. Among the groups that contributed to this decline were Retail Sale of Other Goods in Specialised Stores (-14.8%), Retail Sale in Non-specialised Stores (-8.1%) and Retail Sale of Other Household Equipment in Specialised Stores (-7.5%). Contrarily, sales of this sub-sector went up 2.9 per cent as compared with July 2021.
Volume Index of Retail Trade recorded a growth of -8.1 per cent to 127.8 points as compared to August 2020. Among the groups that contributed to this growth were Retail Sale of Automotive Fuel in Specialised Stores (-15.4%), Retail Sale of Other Goods in Specialised Stores (-13.2%) and Retail Sale of Other Household Equipment in Specialised Stores (-10.9%). Conversely, seasonally adjusted volume index increased 1.5 per cent as against July 2021.
Sales value of Motor Vehicles sub-sector registered a growth of -57.6 per cent year-on-year. This decrease was attributed to Sale of Motor Vehicles which registered a growth of -60.9 per cent and Sale, Maintenance & Repair of Motorcycles -79.0 per cent. However, sales of this sub-sector surged 188.1 per cent month-on-month.
The volume index of Motor Vehicles slipped -59.0 per cent year-on-year to reach 46.0 points. The decline was attributed to Sale of Motor Vehicles (-61.1%) and Sale, Maintenance & Repair of Motorcycle (-89.0%). On the other hand, seasonally adjusted volume index for this sub-sector expanded 247.9 per cent month-on-month.
The full publication of the Performance of Wholesale & Retail Trade, August 2021 can be downloaded from eStatistik portal.
Data for August 2021 is provisional. The data will be updated based on the latest available figures and subsequently published in the Performance of Wholesale & Retail Trade, September 2021.
DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS MALAYSIA
12 October 2021
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