Volume Index of Wholesale Retail Trade Third Quarter 2020

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November 11, 2020, Author: Mr. Yik

The volume index of Wholesale St Retail Trade rebounded 32.1 per cent in the third quarter of 2020 as compared to the prior quarter. For the record, this index recorded unprecedented growth of -23.2 per cent in the previous quarter due to the implementation of Movement Control Order to contain the outbreak of Covid-19. Motor Vehicles sub-sector contributed the most to this growth to record 107.1 per cent compared to the previous quarter. Retail Trade and Wholesale Trade also bounced back 27.9 per cent and 23.8 per cent respectively.

As for seasonally adjusted volume index, it surged 31.6 per cent as against the second quarter of 2020.

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