KUALA LUMPUR, March 13 — Malaysia’s wholesale and retail trade grew 12.4 per cent year-on-year (y-o-y) in January 2023 to record monthly sales value of RM135.1 billion, the...
KUALA LUMPUR, March 13 — Malaysia’s wholesale and retail trade grew 12.4 per cent year-on-year in January 2023 to record monthly sales value of RM135.1 billion, the Department of Statistics Malaysia said.
He said motor vehicles also expanded by 20.1 per cent y-o-y or RM2.5 billion to RM15.2 billion while wholesale trade went up 3.1 per cent y-o-y or RM1.8 billion to RM60.4 billion. Mohd Uzir said the retail trade sub-sector growth of 21.7 per cent in January 2023 was supported by retail sales in non-specialised stores which grew 24.6 per cent or RM4.5 billion to RM22.7 billion.He said the 20.1 per cent growth in the motor vehicles sub-sector was attributed to sales of motor vehicles, which increased 25 per cent or RM1.5 billion to RM7.7 billion.
He said for wholesale trade sub-sector, the increase of 3.1 per cent was attributed to the wholesale of household goods, which registered an increase of RM1 billion or 8.6 per cent to RM12.8 billion.
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