Which specific wholesale groups saw significant growth in May?

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Specific Wholesale Groups Experienced Significant Growth in May

In May, Malaysia's wholesale and retail trade sector saw a notable expansion, with several specialised wholesale groups recording substantial increases in sales. The overall wholesale and retail trade sales reached RM171.3 billion, an 11 per cent rise compared to the previous year. This growth was underpinned by a robust performance in the wholesale trade sub-sector, which alone generated RM80.8 billion in sales, marking an 18.4 per cent year-on-year increase.
The Other Specialised Wholesale Group Showed the Strongest Performance

The primary driver of the wholesale trade sub-sector's expansion was the "other specialised wholesale" group, which achieved sales of RM35 billion. This represented a significant increase of 42.6 per cent from the previous year. This surge was attributed to higher sales volumes of petrol, diesel, and lubricants, as well as liquefied petroleum gas, bolstered by increased market prices for these commodities.
Wholesale of Food, Beverages, and Tobacco Also Saw Positive Growth

Further contributing to the overall wholesale sector's strength, the group focused on the wholesale of food, beverages, and tobacco experienced a 5 per cent growth. This expansion was supported by increased sales of key items such as rice, other grains, flour, sugar, dairy products, and fish and other seafood, indicating sustained consumer demand for essential food items.
Wholesale of Agricultural Raw Materials and Live Animals Increased

The wholesale of agricultural raw materials and live animals also demonstrated a healthy upward trend, with sales rising by 7.3 per cent to RM6.7 billion. This growth was primarily fuelled by a stronger demand for palm oil, a key commodity in Malaysia's agricultural export market, reflecting favourable market conditions and export opportunities.

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