The Department Of Statistics Malaysia (DOSM) cited Malaysia’s sales value of Wholesale & Retail Trade recorded RM134.0 billion in September 2022, registering a growth of 23.9 per cent year-on-year.
The positive growth was contributed by all sub-sectors, namely Motor Vehicles 51.0 per cent, Retail Trade 30.0 per cent, and Wholesale Trade 13.3 per cent, DOSM’s Report titled Wholesale & Retail Trade, September 2022 cited today (Nov 11).
In terms of volume index, Wholesale & Retail Trade registered 18.4 per centyear-on-year to record 146.0 points.
The increment was supported by the increase in Motor Vehicles 43.9 per cent, Retail Trade 27.1 per cent, and Wholesale Trade 3.5 per cent. As for seasonally adjusted volume index, it went down 2.0 per cent month-on-month in September 2022.
Volume Index Of Wholesale & Retail Trade Up By 25.9%, Reaches 144.5 Points
DOSM, in its release today also found that the Volume index of Wholesale & Retail Trade registered a growth of 25.9 per cent to reach 144.5 points as compared to the same quarter of the previous year.
The Volume Index of Wholesale & Retail Trade Third Quarter 2022 repot saw a positive growth being recorded in all sub-sectors namely Motor Vehicles 142.4 per cent, Retail Trade 29.6 per cent, and Wholesale Trade 7.1 per cent. Meanwhile, for quarter-on-quarter comparison, volume index also increased 1.6 per cent in this quarter.
For seasonally adjusted volume index, Wholesale & Retail Trade decreased -2.1 per cent as against the second quarter of 2022.
A volume index is an average of the proportionate changes in the quantities of a specified set of goods or services between two periods of time.
