KUALA LUMPUR, Dec 9 (NNN-Bernama) —\u00a0Malaysia\u2019s wholesale and\u00a0retail trade continued\u00a0to record a sturdy growth of 15.2 per cent to RM133.9 billion (US$30.4 billion) in October 2022,\u00a0said the Department of Statistics Malaysia\u00a0(DoSM).<\/p>\n\n\n\n
In a statement Friday, chief statistician Mohd Uzir Mahidin said the increase in October was attributed to retail trade sub-sector which rose RM12.0 billion or 26.0 per cent to RM58.3 billion (US$1=RM4.40).<\/p>\n\n\n\n
\u201cWholesale trade and motor vehicles also grew 7.3 per cent (+RM4.1 billion) to RM59.9 billion and 11.2 per cent (+RM1.6 billion) to RM15.7 billion, respectively,\u201d he said. <\/p>\n\n\n\n
For a month-on-month comparison, he said the sales value of wholesale and retail trade decreased -0.1 per cent, contributed by motor vehicles and wholesale trade, at -3.5 per cent and -0.3 per cent, respectively.<\/p>\n\n\n\n
On the performance across sub-sectors, he noted that the retail trade sub-sector’s growth of 26.0 per cent in October 2022 was supported by retail sales in non-specialised stores which grew 25.7 per cent or RM4.4 billion to RM21.6 billion.<\/p>\n\n\n\n
\u201cOn a month-on-month comparison, sales of this sub-sector went up 1.1 per cent, mainly contributed by the increase in retail sales in non-specialised stores, retail sales in specialised stores, and retail sales of automotive fuels at 1.4 per cent, 2.1 per cent, and 1.1 per cent, respectively,\u201d he said. <\/p>\n\n\n\n
Commenting on wholesale trade sub-sector, Mohd Uzir pointed out that the increase of 7.3 per cent was mainly attributed to other specialised wholesale which grew 3.1 per cent to RM22.7 billion.<\/p>\n\n\n\n
However, he said for a month-on-month comparison, sales of this sub-sector decreased 0.3 per cent which was mainly contributed by other specialised wholesale which contracted 1.8 per cent.<\/p>\n\n\n\n
He also said the 11.2 per cent growth in motor vehicles sub-sector in October was spearheaded by sales of motor vehicle parts and accessories at 49.2 per cent, or an increase of RM1.3 billion, to RM4.0 billion.<\/p>\n\n\n\n
\u201cThis was followed by maintenance and repair of motor vehicles which rose 62.4 per cent or RM0.8 billion to RM2.1 billion, while for monthly comparison, sales of this sub-sector dropped 3.5 per cent, caused by sales of motor vehicles which fell 5.9 per cent,\u201d he said. <\/p>\n\n\n\n
He noted that index of retail sale over the Internet in October 2022 recorded a 17.3 per cent growth year-on-year, and for seasonally adjusted value index, it increased 2.6 per cent as against the previous month.<\/p>\n\n\n\n
In terms of volume index, the chief statistician said wholesale and retail trade for October 2022 registered a year-on-year growth of 10.5 per cent, contributed by retail trade and motor vehicles, which increased 22.3 per cent and 3.0 per cent, respectively.<\/p>\n\n\n\n
Similarly, wholesale trade also recorded a positive growth with 0.8 per cent.<\/p>\n\n\n\n
\u201cHowever, the seasonally adjusted volume index went down 2.3 per cent month-on-month,\u201d Mohd Uzir added.<\/p>\n\n\n\n
—\u00a0NNN-BERNAMA \u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"
KUALA LUMPUR, Dec 9 (NNN-Bernama) —\u00a0Malaysia\u2019s wholesale and\u00a0retail trade continued\u00a0to record a sturdy growth of 15.2 per cent to RM133.9 billion (US$30.4 billion) in October 2022,\u00a0said the Department of Statistics Malaysia\u00a0(DoSM). In a statement Friday, chief statistician Mohd Uzir Mahidin said the increase in October was attributed to retail trade sub-sector which rose RM12.0 billion […]<\/p>\n","protected":false},"author":30,"featured_media":202365,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[215,288,300,318],"tags":[],"_links":{"self":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/202364"}],"collection":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/users\/30"}],"replies":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=202364"}],"version-history":[{"count":1,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/202364\/revisions"}],"predecessor-version":[{"id":202366,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/202364\/revisions\/202366"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/media\/202365"}],"wp:attachment":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=202364"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=202364"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=202364"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}