The publication of WHOLESALE & RETAIL TRADE CENSUS 2019 that presents statistics such as sales value of goods & services, cost of goods sold, value of gross output, value of intermediate input, value added, number of persons engaged, salaries & wages and value of fixed assets owned. Statistics on Small & Medium Enterprises (SMEs), women ownership in business and usage of information and communication technology are also published.
PERFORMANCE OF WHOLESALE & RETAIL TRADE SECTOR
The census results showed that there were 469,024 establishments operated in Wholesale & retail trade sector in 2018 as compared to 370,725 establishments in 2013. This number registered an annual growth rate of 4.8 per cent.
Sales value of goods & services in 2018 for this sector was RM1,270.8 billion as compared to RM841.6 billion in 2013 with a growth rate of 8.6 per cent per annum. Value of gross output generated by Wholesale & retail trade sector amounted to RM384.3 billion as compared to RM250.3 billion in 2013. The output registered an annual growth rate of 9.0 per cent. Total value added in this sector for 2018 increased with an annual growth rate of 9.4 per cent to RM238.0 billion in 2018 as compared to RM151.9 billion in 2013.
Total number of persons engaged in this sector for 2018 were 2,002,838 persons with salaries & wages paid amounted to RM62.9 billion, registering an annual growth rate of 3.3 per cent. Meanwhile, salaries & wages paid expanded at 10.0 per cent as compared to 4.6 per cent in 2013.
Value of fixed assets owned by establishments for Wholesale & retail trade sector in 2018 was RM134.1 billion as compared to RM80.6 billion in 2013. This value recorded an annual growth rate of 10.7 per cent.
Volume Index of Services experienced an increase of 2.3 per cent to 128.0 points in first quarter 2020 as compared to the same quarter of previous year.
The increase of Services sector in the first quarter of 2020 was led by Business Services and Finance, 4.1 per cent, followed by Information & Communication and Transportation & Storage segment, 2.7 per cent. Wholesale & Retail Trade, Food & Beverages and Accommodation segment grew 1.5 per cent, meanwhile Other Services segment declined to 0.9 per cent.
Seasonally adjusted volume index of this sector decreased by 3.4 per cent to 127.4 points as compared to the previous quarter.
Performance by Segment
Wholesale & Retail Trade, Food & Beverages and Accommodation
Wholesale & Retail Trade, Food & Beverages and Accommodation segment registered a positive growth of 1.5 per cent compared to the same quarter of 2019. The growth in this segment was generated by Food & Beverages sub-sector with 2.9 per cent and Wholesale & Retail Trade sub-sector, 1.5 per cent. Seasonally adjusted volume index of this segment decreased by 4.1 per cent as compared to the previous quarter.
Business Services and Finance
Volume index of Business Services and Finance portrayed an increase trend of 4.1 per cent as compared to the same quarter of 2019. The growth was supported by Business and Finance sub-sector with 4.8 per cent and Professional, Scientific & Technical and Administrative & Support Services sub-sector, 4.5 per cent. Seasonally adjusted volume index of this segment declined by 0.1 per cent as compared to the previous quarter.
Information & Communication and Transportation & Storage
Volume index of Information & Communication and Transportation & Storage segment edged up by 2.7 per cent as compared with the same quarter of previous year. This increase was led by Information & Communication sub-sector with 6.4 per cent. Seasonally adjusted volume index in this segment went down by 2.3 per cent in first quarter 2020.
Other Services
This segment declined to 0.9 per cent as compared to the first quarter of 2019. This growth was due to a decline in Arts, Entertainment & Recreation and Personal Services & Other Activities sub-sector with 5.8 per cent. Seasonally adjusted volume index of Other Services segment decreased by 16.6 per cent compared to the fourth quarter of 2019.
Total revenue of Services sector in first quarter 2020 recorded RM437.8 billion, increased 1.5 per cent as compared to the same quarter 2019. The highest contribution was registered by Wholesale & Retail Trade, Food & Beverages and Accommodation segment (+RM5.3 billion; +1.5%). Meanwhile, total revenue on a quarterly basis registered a negative growth of 4.7 per cent or RM21.4 billion.
Total number of persons engaged in this sector amounted to 3.7 million persons, an increase of 36,683 persons or 1.0 per cent as compared to the same quarter of the previous year. Quarterly basis indicated that number of persons engaged recorded a negative growth of 1.6 per cent or decreased 61,428 persons.
In this quarter, salaries & wages paid was RM25.0 billion, an increase of 1.4 per cent as against to the previous year, while quarter-on-quarter went down 3.4 per cent.
Wholesale & Retail Trade, Food & Beverages and Accommodation
Total revenue for Wholesale & Retail Trade, Food & Beverages and Accommodation segment recorded a positive growth of 1.5 per cent as compared to the first quarter of 2019 to RM347.2 billion. The growth was contributed by Wholesale & Retail Trade sub-sector (+RM5.1 billion; +1.6%) and Food & Beverages (+RM0.4 billion; +2.4%). For quarterly comparison, this segment recorded a negative growth of 4.1 per cent.
Number of persons engaged in this segment increased 1.1 per cent to 2.8 million persons as compared to the first quarter 2019. Salaries & wages paid grew 1.9 per cent to RM15.0 billion. For quarterly comparison, number of persons engaged and salaries & wages paid went down 2.0 per cent and 1.9 per cent, respectively.
Information & Communication and Transportation & Storage
Information & Communications and Transportation & Storage segment recorded an increase in revenue to RM63.9 billion or 1.4 per cent as compared to the first quarter of 2019. The increase was propelled by Information & Communication sub-sector with 6.5 per cent (+RM2.2 billion). Meanwhile, for quarterly comparisons revenue went down by 7.5 per cent.
Number of persons engaged for this segment was increased 0.3 per cent year-on-year, to record 475,390 persons and salaries & wages paid amounted to RM5.0 billion. Meanwhile, on quarterly basis, number of persons engaged and salaries & wages paid recorded a negative growth of 0.3 per cent and 10.1 per cent, respectively.
Health, Education and Arts, Entertainment & Recreation
A total of RM16.8 billion revenue was generated for Health, Education and Arts, Entertainment & Recreation segment in the first quarter 2020 with 0.6 per cent decrease compared to the first quarter 2019. This decrease was contributed by the Arts, Entertainment & Recreation subsector (-9.2%). This segment registered a decrease of revenue 3.7 per cent on a quarterly basis.
In this quarter, number of persons engaged recorded 286,093 persons, rose 0.9 per cent as compared to a year ago. Salaries & wages paid also grew 4.0 per cent to RM2.5 billion. Quarter-on-quarter, number of persons engaged decreased 0.7 per cent, meanwhile salaries & wages paid grew by 2.8 per cent.
Professional and Real Estate Agent
Total revenue for Professional and Real Estate Agent segment increased 5.0 per cent against the same quarter of 2019. The rise was propelled by Professional sub-sector (+RM0.4 bilion; +5.2%). For quarterly comparison, this segment recorded a decline of 5.5 per cent.
In first quarter 2020, the number of persons engaged recorded was 179,665 persons or increased by 1.0 per cent as compared to the same quarter of the previous year. Salaries & wages paid grew 3.4 per cent to RM2.5 billion. For the quarterly comparison, number of persons engaged and salaries & wages recorded negative growth of 0.1 per cent and 3.4 per cent respectively.
In the first quarter 2020, volume index of Wholesale & Retail Trade increased 1.5 per cent to 127.5 points as compared to the same period in 2019. Wholesale Trade was the key performer by registering 2.5 per cent.
Seasonally adjusted volume index recorded a negative growth of 3.8 per cent as against the fourth quarter of 2019. For quarterly comparison, Motor Vehicles, Retail Trade and Wholesale Trade sub-sectors recorded a negative growth of 6.3 per cent, 4.2 per cent and 2.5 per cent respectively.
Wholesale Trade Sub-sector
Volume index of Wholesale Trade posted a growth of 2.5 per cent to 126.8 points in the first quarter 2020 as compared to the same quarter in 2019. The growth was bolstered by Wholesale of Household Goods ( 3.9%) and Wholesale of Food, Beverages & Tobacco (3.6%).
Retail Trade Sub-sector
In first quarter 2020, Retail Trade sub-sector increased 1.8 per cent to 138.6 points year-on-year. The growth was attributed to Retail Sale of Food, Beverages & Tobacco in Specialised Stores ( 5.5%) and Retail Sale in Non-Specialised Stores (4.9%).
Motor Vehicles Sub-sector
Volume index of Motor Vehicles dropped 3.5 per cent to 97.6 points in the first quarter 2020 as against the same period in 2019. The downfall was fueled by Sale of Motor Vehicles (-6.2%) and Maintenance & Repair of Motor Vehicles (-1.9%).
A total of RM103.2 billion was recorded by sales of Wholesale & Retail Trade in March 2020, a decrease of RM6.3 billion or -5.7 per cent as compared to the same month a year ago. The decline was attributed to Retail Trade which decreased RM2.9 billion (-6.6%). Similarly, Motor Vehicles and Wholesale Trade also declined of RM1.9 billion (-15.3%) and RM1.4 billion (-2.7%) respectively.
For performance across sub-sector, sales of Motor Vehicles declined -15.3 per cent in March 2020 as compared with the same period of the previous year. Retail Trade and Wholesale Trade also declined to register -6.6 per cent and -2.7 per cent respectively.
Volume index of Wholesale & Retail Trade registered 120.1 points, contracted to -6.1 per cent as compared to the same month of the previous year. The negative growth was recorded in all sub-sectors, namely Wholesale Trade -2.5 per cent, Retail Trade -7.5 per cent and Motor Vehicles -14.4 per cent. As for seasonally adjusted volume index, it recorded -11.6 per cent as against a month ago.
The growth of -6.1 per cent (year-on-year) in the volume index of Wholesale & Retail Trade was driven by double-digit fell in Motor Vehicles, -14.4 per cent. This was followed by Retail Trade and Wholesale Trade with -7.5 per cent and -2.5 per cent respectively.
Wholesale Trade
Wholesale Trade generated sales value of RM51.8 billion in March 2020, down RM1.4 billion (-2.7%) as against the corresponding month of the previous year. Wholesale of Machinery, Equipment & Supplies, Wholesale of Agricultural Raw Materials & Live Animals, Other Specialised Wholesale and Wholesale of Household Goods contracted as against March 2019. For monthly comparison, sales of this sub-sector also registered a negative growth of 1.6 per cent.
Volume index of Wholesale Trade shrank 2.5 per cent to 123.8 points in March 2020 as compared to the same month of the preceding year. This was driven by the contraction in Wholesale of Machinery, Equipment & Supplies, Wholesale of Agricultural Raw Materials & Live Animals, Other Specialised Wholesale and Wholesale of Household Goods. For monthly comparison, seasonally adjusted volume index of this sub-sector registered a negative growth of 7.6 per cent.
Retail Trade
Sales of Retail Trade registered a year-on-year growth of -6.6 per cent as compared to March 2019. Among the groups that contributed to the negative growth were Retail Sale of Automotive Fuel in Specialised Stores and sales related to non-essential product namely Retail Sale of Other Household Equipment in Specialised Stores, Retail Sale of Other Goods in Specialised Stores and Retail Sale of Cultural & Recreation Goods in Specialised Stores.
Volume index of Retail Trade went down to -7.5 per cent to 126.8 points in March 2020 as against the same month of previous year. Inline with the sales value, this was attributed to Retail Sale of Automotive Fuel in Specialised Stores and sales related to non-essential product namely Retail Sale of Other Household Equipment in Specialised Stores, Retail Sale of Cultural & Recreation Goods in Specialised Stores and Retail Sale of Other Goods in Specialised Stores. As for seasonally adjusted volume index, it decreased to -14.4 per cent as compared to February 2020.
Motor Vehicles
Sales value of Motor Vehicles decreased to -15.3 per cent as against the corresponding period of the previous year. The decline was supported by Sale of Motor Vehicles (-19.9 per cent), Sale of Motor Vehicle Parts & Accessories (-8.9 per cent), Maintenance & Repair of Motor Vehicles (-9.8 per cent)and Sale, Maintenance & Repair of Motorcycles with -10.7 per cent. Compared to February 2020, sales value showed a negative growth of 4.4 per cent.
The volume index registered 89.3 points, decreased to -14.4 per cent compared to a year ago. It was due to Sale of Motor Vehicles which contracted to -19.7 per cent, Maintenance & Repair of Motorcycles (-11.2%), Maintenance & Repair of Motor Vehicles (-10.9%) and Sale of Motor Vehicle Parts & Accessories (-8.6%) in March 2020. For monthly comparison, seasonally adjusted volume index decreased -15.4 per cent.
Warga BPP mengucapkan setinggi-tinggi tahniah kepada YBhg. Dato’ Sri Dr. Mohd Uzir Mahidin, Ketua Perangkawan Malaysia atas penganugerahan sebagai Tokoh Hari Pekerja CUEPACS 2020 sempena Sambutan Hari Pekerja CUEPACS 2020.
Semoga dengan penganugerahan ini menjadikan kami warga DOSM terus bersemangat untuk terus cemerlang dan merealisasi usaha jabatan menjadi sebuah organisasi statistik yang terbilang di dunia.
Impak Perintah Kawalan Pergerakan (PKP) Terhadap Subsektor Penyelenggaraan & Pembaikan Kenderaan Bermotor Malaysia
Dalam tempoh PKP bermula 18 Mac hingga 28 April 2020, DOSM menjangkakan subsektor Penyelenggaraan dan Pembaikan Kenderaan Bermotor menjana nilai jualan sebanyak RM0.19 bilion iaitu merosot 86.9 peratus berbanding tanpa PKP.