A total of RM111.8 billion was recorded by sales of Wholesale & Retail Trade in November 2019, an increase of RM5.6 billion or 5.3 per cent as compared to the same month a year ago. The growth was attributed to Retail Trade which increased RM3.0 billion (+7.0%). Similarly, Wholesale Trade and Motor Vehicles rose RM2.2 billion (+4.3%) and RM0.4 billion (+3.0%) respectively.
Volume index of Wholesale & Retail Trade posted a growth of 5.6 per cent to reach 131.4 points as compared to the same month of the previous year. The key contributor for this growth was Retail Trade with 6.9 per cent. As for seasonally adjusted volume index, it increased 1.1 per cent as against a month ago.
For performance across sub-sector, Retail Trade led the other sub-sectors with year-on-year growth of 7.0 per cent. Within the same period, Wholesale Trade expanded 4.3 per cent, while Motor Vehicles rose 3.0 per cent.
The growth of 5.6 per cent (year-on-year) in the volume index of Wholesale & Retail Trade was driven by Retail Trade ( 6.9%). This was followed by Wholesale Trade (4.8%) and Motor Vehicles (3.1%).
Wholesale Trade
Wholesale Trade generated sales value of RM53.2 billion in November 2019, increased RM2.2 billion (4.3%) as against the corresponding month of the previous year. The expansion was supported by Wholesale of Household Goods ( 5.6%), Wholesale of Food, Beverages & Tobacco ( 5.5%), Wholesale on A Fee or Contract Basis (5.0%), and Other Specialised Wholesale (4.9%). For monthly comparison, sales of this sub-sector declined 1.2 per cent.
Volume index of Wholesale Trade expanded 4.8 per cent to 129.2 points in November 2019 as compared to the same month of the preceding year. Wholesale on A Fee or Contract Basis recorded the highest growth of 6.4 per cent. This was followed by Wholesale of Household Goods (6.2%) and Other Specialised Wholesale (5.9%). For monthly comparison, seasonally adjusted volume index of this sub-sector edged up 0.5 per cent.
Retail Trade
Sales of Retail Trade registered an annual growth of 7.0 per cent as compared to November 2018. The expansion was fueled by Retail Sale of Other Goods in Specialised Stores and Retail Sale Via Stalls & Market which recorded 8.6 per cent respectively. This was followed by Retail Sale of Food, Beverages & Tobacco in Specialised Stores ( 8.4%), Retail Sale in Non-specialised Stores (8.3%) and Retail Trade Not in Stores, Stalls or Markets ( 8.2%).
Retail Trade rose 6.9 per cent to 143.2 points in November 2019. Retail Sale of Automotive Fuel in Specialised Stores recorded a growth of 8.4 per cent. This was followed by Retail Sale of Other Goods in Specialised Stores and Retail Trade Not in Stores, Stalls or Markets which registered 8.2 per cent and 7.6 per cent respectively. As for seasonally adjusted volume index, it increased 1.4 per cent as against October 2019.
Motor Vehicles
Sales value of Motor Vehicles went up 3.0 per cent as against the corresponding period of the previous year. The increment was supported by Maintenance & Repair of Motor Vehicles with 4.5 per cent, Sales of Motor Vehicles Parts & Accessories (4.0%) and Sale, Maintenance & Repair of Motorcycles (3.7%). Compared to October 2019, sales value increased at a slower pace of 0.5 per cent.
As for volume index, it rose 3.1 per cent to 105.1 points compared to a year ago. The rise was propelled by Sale of Motor Vehicle Parts & Accessories with 4.3 per cent and Maintenance & Repair of Motor Vehicles with 3.3 per cent in November 2019. For monthly comparison, seasonally adjusted volume index increased 0.2 per cent.
SERVICES STATISTICS DIVISION 