Malaysia's wholesale and retail trade up 7.1% to RM147.9bil in May

Remain vibrant: Specialty malls are mainly located in the Klang Valley and buyers and traders from around the country come to these wholesale sites to buy in bulk in order to supply to retailers in other parts of the Malaysia.

KUALA LUMPUR: Malaysia’s wholesale and retail trade expanded 7.1 per cent year-on-year (y-o-y) to register a monthly sales value of RM147.9 billion in May 2024, according to the Department of Statistics Malaysia (DoSM).

Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said in a statement today that the increase was driven by the retail trade sub-sector, which rose 8.7 per cent or RM5.1 billion to register RM64.0 billion.