Sales value of Malaysia’s Wholesale & Retail Trade recorded RM133.9 billion in October 2022, registering a growth of 15.2 per cent year-on-year.
The Department of Statistics Malaysia (DOSM) in its report titled: ‘Wholesale & Retail Trade, October 2022’ cited the positive growth was contributed by all sub-sectors, namely the Retail Trade – 26.0 per cent, Motor Vehicles – 11.2 per cent and Wholesale Trade – 7.3 per cent.
In terms of volume index, Wholesale & Retail Trade registered 10.5 per cent year-on-year to record 145.8 points.
The increment was supported by the increase in Retail Trade -22.3 per cent, Motor Vehicles – 3.0 per cent and Wholesale Trade – 0.8 per cent.
As for seasonally adjusted volume index, it went down -2.3 per cent month-on-month in October 2022.