For the last quarter of the year sales volume hit RM405.2 billion, bringing the year’s total to RM1.6 trillion, according to data presented in the performance of wholesale and retail trade by the statistics department. Chief Statistician Uzir Mahidin said in a statement today the December 2022 figure represented a 13.8% increase over the same month in 2021.He said the retail sub-sector recorded an RM11 billion or 22.7% growth to RM59.5 billion.
7% rise in sales year-on-year in December 2022.The segment saw a RM900 million or 7.6% jump to RM12.3 billion. This was followed by the agricultural raw materials and live animals segment and the food, beverages and tobacco segment . However, the other specialised goods segment saw a 0.3% drop to RM22.5 billion. Month on month, wholesale trade was up 1.4%, driven mostly by other specialised goods which rose 1.7%.
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