KUALA LUMPUR: Malaysia’s wholesale and retail commerce gross sales elevated by 8.5 per cent year-on-year (yoy) to RM117.2 billion in February 2022, in line with the Division of Statistics Malaysia (DOSM).
Nonetheless, month-on-month (mother), the gross sales worth of wholesale and retail commerce slipped 2.5 per cent because of the 4.7 per cent contraction within the wholesale commerce sub-sector.
In a press release in the present day, chief statistician Datuk Seri Dr Mohd Uzir Mahidin attributed the higher efficiency to the retail commerce sub-sector which elevated by 10.2 per cent or RM4.5 billion to RM48.8 billion.
“The retail commerce sub-sector’s development was supported by retail gross sales in non-specialized shops which grew 15.9 per cent or RM2.5 billion to RM18.3 billion.
“Likewise, different teams on this sub-sector additionally recorded constructive development, specifically retail gross sales of automotive fuels (+18.1 per cent), retail gross sales of family items (+9.8 per cent) and retail gross sales in specialised shops (+5.6 per cent) ),” he mentioned.
In the meantime, retail gross sales of meals, drinks and tobacco additionally elevated by 8.6 per cent, retail gross sales of cultural and recreation items improved 5.7 per cent, retail gross sales not in shops, stalls or markets soared 25.9 per cent, and retail gross sales in stalls and markets rose 8.8 per cent.
Wholesale Commerce additionally expanded by 6.2 per cent or RM3.3 billion to RM55.9 billion, with development attributed to different specialised wholesale which elevated by 6.0 per cent to RM22.3 billion.
“This was adopted by wholesale of meals, drinks and tobacco which grew by 9.2 per cent to RM10.9 billion,” mentioned Mohd Uzir, including that the wholesale of agricultural uncooked supplies and reside animals additionally elevated by 15.9 per cent to RM4.7 billion .
He famous that the motor autos sub-sector had expanded by 12.5 per cent or RM1.4 billion to RM12.5 billion in February 2022, attributed to gross sales of motor autos components and equipment which elevated 27 per cent to RM3.5 billion.
The growth was additionally supported by the expansion in upkeep and restore of motor autos (+27.3 per cent), gross sales of motor autos (+3.3 per cent), in addition to gross sales, upkeep and restore of bikes (+5.1 per cent).
In the meantime, index of retail gross sales over the web for February 2022 recorded 19.8 per cent development yoy. – Bernama