Wholesale & Retail Trade September 2020

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Blog

November 11, 2020, Author: Mr. Yik

Malaysia Wholesale & Retail Trade reached RM110.8 billion in September 2020 to register a year-on-year growth of 0.2 per cent. This was the first positive growth recorded after the COVID-19 outbreak, led by Motor Vehicles which advanced 7.1 per cent. Similarly, Retail Trade rose moderately 1.1 per cent. On the other hand, Wholesale trade contracted 4.2 per cent within the same period.

Volume index of Wholesale & Retail Trade also on the positive track to register 0.1 per cent as compared to the same month of the previous year. In terms of seasonally adjusted volume index, it inched up 1.1 per cent in September 2020.

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