How did wholesale trade sales reach RM80.8 billion, an 18.4% year-on-year increase?

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Wholesale Trade Sales Surge to RM80.8 Billion Driven by Multiple Sub-sectors

Wholesale trade sales in May reached RM80.8 billion, marking an 18.4 per cent increase compared to the previous year. This significant growth was primarily propelled by the "other specialised wholesale" group, which saw a substantial 42.6 per cent rise in sales. This performance was further bolstered by increased sales of fuel products and a notable expansion in the wholesale of food, beverages, and tobacco, as well as household goods and agricultural raw materials.
Other Specialised Wholesale Group Leads Growth

The "other specialised wholesale" group was the principal contributor to the overall increase in wholesale trade sales, achieving RM35 billion in sales and a 42.6 per cent year-on-year growth. This surge was significantly influenced by higher sales volumes of petrol, diesel, and lubricants, alongside liquefied petroleum gas. These increases were attributed to elevated market prices for these commodities.
Food, Beverages, and Tobacco Wholesale Shows Steady Increase

The wholesale of food, beverages, and tobacco group experienced a 5 per cent expansion. This growth was supported by higher sales of essential items such as rice, other grains, flour, and sugar, as well as dairy products and fish and other seafood. These gains reflect sustained consumer demand for staple food items and related products.
Household Goods and Agricultural Materials Contribute to Expansion

Wholesale trade in household goods saw a 3.5 per cent increase, reaching RM15.2 billion. This expansion was driven by robust sales in pharmaceutical and medical goods, as well as jewellery and clothing categories. Concurrently, the wholesale of agricultural raw materials and live animals rose by 7.3 per cent to RM6.7 billion, primarily due to a stronger demand for palm oil, underscoring the importance of agricultural commodities in the wholesale sector.

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How did wholesale trade sales reach RM80.8 billion, an 18.4% year-on-year increase?

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