malay02

DOSM: Malaysia’s wholesale, retail trade record highest monthly sales value at RM120.5b in December 2021

KUALA LUMPUR (Feb 9): Malaysia’s December 2021 wholesale and retail trade sales value increased 3.5% to its record high at RM120.5 billion from a year earlier, the Department of Statistics Malaysia (DOSM) said on Wednesday (Feb 9).

“The increase of 3.5% for wholesale and retail trade in December was attributed to the retail trade sub-sector which recorded a positive growth with an increase of RM3 billion or 3.5% to register RM48.5 billion.

“Wholesale trade also expanded by 4.1% or RM2.3 billion to RM57.6 billion.

“Within the same period, (sales value of) motor vehicles went up 1.5% or RM0.2 billion to RM14.5 billion,” DOSM chief statistician Datuk Seri Dr Mohd Uzir Mahidin said in a statement.

Source: https://www.theedgemarkets.com/article/dosm-malaysias-wholesale-retail-trade-record-highest-monthly-sales-value-rm1205b-december