Wholesale, retail trade sales value up 14.7% in February

KUALA LUMPUR: The monthly sales value of wholesale and retail trade grew 14.7 per cent to RM134.3 billion in February 2023, according to the Department of Statistics Malaysia (DOSM).

Chief statistician Datuk Seri Dr Mohd Uzir Mahidin attributed the increase to the retail trade sub-sector, which surpassed the other sub-sectors after expanding by RM9.4 billion or 19.2 per cent to RM58.2 billion, while wholesale trade rose 5.9 per cent or RM3.3 billion to RM59.1 billion.