Wholesale & Retail Trade October 2020

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December 16, 2020, Author: Admin

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 cent.

Within the same period, the volume index of Wholesale & Retail Trade registered a growth of -1.4 per cent year-on-year. The fall was due to Retail Trade and Wholesale Trade which decreased by 2.8 per cent and 0.8 per cent respectively. In contrast, Motor Vehicles recorded a positive growth to register 1.7 per cent. In terms of the seasonally adjusted volume index, it went down 1.4 per cent month-on-month in October 2020.

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