Wholesale & Retail Trade July 2020

September 18, 2020, Author: Mr. Yik

Sales value of Wholesale & Retail Trade recorded RM108.7 billion in July 2020, improved growth of -3.5% as compared with the same period last year. All sub-sectors continued to improve in July mainly Motor Vehicles which rebounded to 1.7%. Retail Trade and Wholesale trade also improved to register -.38% and -4.5% respectively.

Volume index of Wholesale & Retail Trade has started showing signs of recovery in year-on-year growth of -3.9% from -8.9% in June 2020. As for seasonally adjusted volume index, it increased to 6.5% in this month.

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