Sales value of Wholesale & Retail Trade recorded RM111.7 billion in January 2021, registering -2.7 per cent contraction year-on-year. The contraction was due to Motor Vehicles which slipped -13.8 per cent. Similarly, Retail Trade and Wholesale Trade also dropped -2.5 per cent and -0.4 per cent respectively.
Interview With Mr Shafie Shamsuddin, Deputy President of Malaysia Retailers Association – The New Norm In The Retail Industry | Money Matters 13 February 2020
The volume index of Wholesale & Retail Trade grew by 1.4 per cent quarter-on-quarter in the fourth quarter of 2020. The growth was supported by Wholesale Trade and Retail Trade which rose 3.5 per cent and 1.4 per cent respectively. On the other hand, Motor Vehicles sub-sector experienced a fall in this quarter to record a growth of -6.1 per cent.
Sales value of Wholesale & Retail Trade dropped 0.3 per cent year-on-year to record RM 11 5.5 billion in December 2020, resulting in overall sales for 2020 to decline -5.9 per cent. The fall in December was due to Retail Trade which contracted 2.0 per cent. Similarly, Wholesale Trade also recorded a decrease of 0.6 per cent. On the other hand, Motor Vehicles continued positive growth of 7.4 per cent.
Malaysia Wholesale & Retail Trade recorded RM110.5 billion in October 2020 to register -0.8 per cent year-on-year. This was due to Retail Trade which contracted 1.5 per cent. Similarly, Wholesale Trade also recorded a decrease of 0.9 per cent. On the other hand, Motor Vehicles continued a positive growth with an increase of 2.2 per […]
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KUALA LUMPUR (Dec 2): For the third quarter of 2020 (3Q20), the Malaysian retail industry recorded a poorer-than-expected growth rate of -9.7%, compared to the same period in 2019. The latest quarterly results were way below market expectations. Members of the Malaysia Retailers Association (MRA) had projected the 3Q20 growth rate at -3.4% (estimated in […]
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 […]
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 […]
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