Wholesale, retail trade sales up 6.3% y-o-y in April

KUALA LUMPUR: Malaysia’s wholesale and retail trade posted a monthly sales value of RM136 billion, up 6.3 per cent year-on-year (y-o-y) in April 2023, the Department of Statistics Malaysia (DoSM) said.

It said the increment was attributed to the retail trade sub-sector, which grew 12.9 per cent or RM6.9 billion to RM60.5 billion followed by the wholesale trade sub-sector which rose 3.2 per cent or RM1.9 billion to RM60.9 billion.