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Malaysia's wholesale, retail trade sales grow 23.9 pct in September

KUALA LUMPUR
2022-11-09 15:02

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KUALA LUMPUR, Nov. 9 (Xinhua) -- Malaysia's wholesale and retail trade sales value rose 23.9 percent year-on-year to 134 billion ringgit (28.41 billion U.S. dollars) in September, official data showed Wednesday.

The positive growth was contributed by all sub-sectors, namely motor vehicles which surged 51 percent, retail trade that jumped 30 percent, and wholesale trade which climbed 13.3 percent, the Department of Statistics Malaysia said in a statement.

In terms of volume index, wholesale and retail trade grew 18.4 percent year-on-year to 146 points.

The growth was supported by the increase in motor vehicles at 43.9 percent, retail trade at 27.1 percent, and wholesale trade at 3.5 percent.
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