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Update 4QFY13 distributive trade sales rise 7.7% y-o-y to RM227b
by Cals Mon 10 Feb 2014, 13:29
| Update 4QFY13 distributive trade sales rise 7.7% y-o-y to RM227b |
| Business & Markets 2014 |
| Written by Jeffrey Tan of theedgemalaysia.com |
| Monday, 10 February 2014 13:09 |
KUALA LUMPUR (Feb 10): Malaysia’s sales value of the distributive trade sector rose 7.7% year-on-year (y-o-y) to RM227 billion in the fourth quarter of last year, according to the Department of Statistics (DoS), Malaysia.
In a statement, the DoS said the retail trade sub-sector recorded the highest percentage growth in sales value of 10.5%, followed by wholesale trade at 6.9%, and motor vehicles at 4.0%.
The DoS said the total number of persons engaged in this sector rose 1.4% to approximately 1.5 million persons.
In a separate statement, the department said the volume index of distributive trade rose 7.5% y-o-y in the fourth quarter last year.
The DoS attributed the increase to the growth in indices of retail trade of 9.9%, followed by wholesale trade at 6.8% and motor vehicles at 4.1%.
It added on a y-o-y basis, the volume index of distributive trade for the third quarter last year had been revised to 5.4%.
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