PETALING JAYA: Malaysia’s wholesale and retail trade recorded sales value of RM142.5 billion in August, up 6.7% compared with the same month in 2022. ...
Malaysia’s wholesale and retail trade recorded sales value of RM142.5 billion in August, up 6.7% compared with the same month in 2022.In a statement today, Chief Statistician Malaysia Datuk Seri Dr Mohd Uzir Mahidin said, “The increase of 6.7% year-on-year for wholesale and retail trade in August 2023 was attributed to the wholesale trade sub-sector, which rose 6.2% or RM3.7 billion to RM63.9 billion.
Meanwhile, the 2% or RM2.8 billion increase from the previous month was contributed by motor vehicles with an increase of RM1.2 billion or 7.1%. In the same period, retail trade recorded a growth of 1.4% or RM0.9 billion, while wholesale trade rose 1.2% or RM0.8 billion compared with the month before.
This was followed by wholesale of food, beverages and tobacco ; household goods ; agricultural raw materials and live animals ; non-specialised trade ; wholesale on a fee or contract basis ; and machinery, equipment and supplies . In retail trade sub-sector, the increase of 6.3% year-on-year was supported by retail sales in non-specialised stores which grew 9.2% or RM1.9 billion to RM23 billion.
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