KUALA LUMPUR, Aug 11 — Malaysia’s wholesale and retail trade volume registered a growth of 19.3 per cent year-on-year (y-o-y) to 142.2 points in the second quarter of 2022 (Q2 2022), according to the Department of Statistics Malaysia (DOSM).
In a statement today, DOSM said positive growth was recorded in the motor vehicles and retail trade subsectors, which expanded by 66.4 per cent and 23.9 per cent, respectively, followed by wholesale trade at 5.6 per cent.
Meanwhile, quarter-on-quarter, the volume index also increased by 5.6 per cent in Q2 2022.
It said the seasonally adjusted volume index of wholesale and retail trade grew 8.5 per cent versus Q1 2022, contributed by the expansion in retail trade (+16.4 per cent), motor vehicles (+14.6 per cent) and wholesale trade sub-sectors (+4.0 per cent).
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