Wholesale and retail trade sector achieves 3.8pc growth for September, motor sales slip amid new rules, says DOSM

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KUALA LUMPUR, Nov 7 — Malaysia’s wholesale and retail trade sector recorded a 3.8 per cent year-on-year (y-o-y) growth i...

Overall, Mohd Uzir said Malaysia’s wholesale and retail trade sector continues to demonstrate steady performance, driven by sustained consumer confidence and stable economic conditions.“The sector’s resilience, despite challenges in specific sub-sectors, reflects the strength of domestic demand and the adaptability of businesses.“With sustained growth in key areas such as retail and wholesale trade, the sector is well-positioned to face any short-term challenges,” he added.

The seasonally adjusted volume index fell by 1.9 per cent month-on-month,” he shared.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: Motor sales Retail sector Wholesale sector Trade Department of statistics malaysia DOSM

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Article Type: News Report

Published On: 2024-11-07 @ 14:35:11 (9 hours ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

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News ID: 23458909

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