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Malaysia's wholesale, retail trade sales up 6.7 pct in July

0 Comment(s)Print E-mail Xinhua, September 9, 2024
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KUALA LUMPUR, Sept. 9 (Xinhua) -- Malaysia's wholesale and retail trade sales value rise 6.7 percent year on year to 149 billion ringgit (34.26 billion U.S. dollars) in July, official data showed Monday.

The Department of Statistics Malaysia (DOSM) said in a statement that the growth was primarily driven by retail trade sub-sector, which expanded 6.4 percent to 63.5 billion ringgit.

Wholesale trade went up 5.5 percent to 66.6 billion ringgit.

For monthly comparison, wholesale and retail trade rebounded 2.1 percent, bolstered by motor vehicles which increased 11.6 percent. (1 ringgit equals 0.23 U.S. dollars) Enditem

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