Malaysia’s Wholesale & Retail Trade recorded sales value of RM142.3 billion, grew 6.5 per cent in October 2023

Sales value of Wholesale & Retail Trade recorded RM142.3 billion in October 2023, registered a growth of 6.5 per cent year-on-year. The positive growth was contributed by all sub-sectors, namely Motor Vehicles 19.1 per cent, Wholesale Trade 5.7 per cent, and Retail Trade 3.9 per cent. Meanwhile, for month-on-month comparison, sales value decreased -0.3 per cent.
In terms of volume index, Wholesale & Retail Trade registered 4.5 per cent year-on-year to record 152.2 points. The increase was supported by Motor Vehicles 15.8 per cent and Wholesale Trade 4.7 per cent. As for seasonally adjusted volume index, it went down -2.2 per cent month-on-month in October 2023.
WHOLESALE TRADE
Wholesale Trade generated sales value of RM63.3 billion in October 2023 with a growth of 5.7 per cent as against October 2022. This increase was attributed to Wholesale of Agricultural Raw Materials & Live Animals 8.9 per cent, Other Specialised Wholesale 7.5 per cent,and Non-specialised Wholesale Trade 5.7 per cent. For monthly comparison, sales of this sub-sector decreased -1.4 per cent.
Volume index of Wholesale Trade registered 138.3 points, expanded 4.7 per cent year-on-year. The positive growth was recorded in Wholesale of Agricultural Raw Materials & Live Animals (8.9%) and Other Specialised Wholesale (6.5%). Meanwhile, the seasonally adjusted volume index inched down -1.8 per cent month-on-month.
RETAIL TRADE
Sales of Retail Trade registered a growth of 3.9 per cent as compared to October 2022. Among the groups that contributed to this expansion were Retail Sale of Food, Beverages & Tobacco in Specialised Stores (10.8%), Retail Sale in Non-specialised Stores (6.1%), Retail Sale Via Stalls & Markets (5.2%), and Retail Sale of Automotive Fuel in Specialised Stores (4.8%). Compared with September 2023, sales of this sub-sector edge down -0.8 per cent.
Volume Index of Retail Trade recorded a growth of 2.3 per cent to 173.3 points as compared to October 2022. Among the groups that contributed to this growth were Retail Sale of Food, Beverages & Tobacco in Specialised Stores (8.5%), Retail Sale of Automotive Fuel in Specialised Stores (6.3%), Retail Sale in Non-specialised Stores (4.6%), and Retail Sale Via Stalls & Markets (3.2%). As for seasonally adjusted volume index, it decreased -1.8 per cent as against September 2023.
MOTOR VEHICLE
Sales value of Motor Vehicles sub-sector registered a positive growth of 19.1 per cent year-on-year. The increase was attributed to Sale of Motor Vehicles which surged 24.6 per cent in October 2023. On a monthly basis, sales of this sub-sector recorded a positive growth of 5.2 per cent.
The volume index of Motor Vehicles expanded 15.8 per cent year-on-year to reach 136.6 points. The increase was attributed to Sale of Motor Vehicles (24.0%). Seasonally adjusted volume index for this sub-sector increased 1.8 per cent month-on-month.



































































































