Malaysia’s wholesale, retail sales jump 15.2% YoY in April

This is due to the rise in online purchases and the Hari Raya celebration.

Wholesale and retail trade sales in Malaysia jumped 15.2% year-on-year (YoY) in April to reach around $29b (RM128b), mainly driven by the Hari Raya celebration and the rise in online purchases, data from the Department of Statistics Malaysia showed.

In a statement, the department said all sub-sectors contributed to the positive growth led by retail trade which grew by 20.9%, followed by wholesale trade with an 11.5% growth, and motor vehicle by 11.3%.

In terms of volume index, wholesale and retail posted a 10% YoY growth to 140.6 points, led by retail trade a 16.6% growth, motor vehicles by 7.2% and wholesale trade by 3.3%. The seasonally adjusted volume index was up 7.9% month-on-month (MoM) in April.

Wholesale trade raked a sales value of around $13.4b (RM59b), with the increase linked to the wholesale of household goods by 22.9%, followed by agricultural raw materials and live animals (14.9%), and food, beverages, and tobacco (11.8%). Compared to the previous month, wholesale trade rose 3.1%.

The volume index in the wholesale trade expanded 3.3% YoY to 130.6 points, whilst the seasonally adjusted volume index rose 5.2% MoM.

Meanwhile, retail trade sales reached about $12.1b (RM53.6b), led by the growth in the sale of automotive fuel in specialised stores (37.7%), retail trade not in stores, stalls or markets (28.6%), and sales in non-specialised stores (26.4%). Month-on-month, it grew 7.4%.

The volume index was up 16.6% YoY to 157.3 points, and seasonally adjusted growth was at 13.6% MoM.

Motor vehicle sales value rose to around $3.5b (RM.15.4b), attributed to the increase in maintenance and repair of motor vehicles (33.8%), and the sale of motor vehicles parts and accessories (31.1%). Compared to March 2022, it fell 7.7%.

The volume index of motor vehicles rose 7.2% YoY to 121. Points, and posted a 10.7% MoM seasonally adjusted volume index growth.

$1 = RM4.42

Follow the link for more news on

Malaysia Retail

Also Read

FairPrice Group extends discount schemes through 2025

IKEA’s expansion to New Zealand on track for 2025 opening

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit