share
 

Malaysia's wholesale and retail trade up 3.8 pct in September

0 Comment(s)Print E-mail Xinhua, November 8, 2024
Adjust font size:

KUALA LUMPUR, Nov. 8 (Xinhua) -- Malaysia's wholesale and retail trade sales value increased 3.8 percent year on year to 148.2 billion ringgit (about 34 billion U.S. dollars) in September, according to official data.

The Department of Statistics Malaysia (DOSM) said in a statement on Thursday that the growth was driven primarily by wholesale and retail trade, which grew 3.6 percent and 5.5 percent, respectively.

The motor vehicles sub-sector, however, recorded a modest contraction of 1 percent.

According to the department, the strong performance of the wholesale and retail trade sub-sectors in September was supported by several external factors including an increase in tourist arrivals.

"Overall, Malaysia's wholesale and retail trade sector continues to demonstrate steady performance, driven by sustained consumer confidence and stable economic conditions," it said. Enditem

Follow China.org.cn on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter