KUALA LUMPUR: Malaysia’s wholesale and retail trade has set a new sales record in May 2022, growing by 19.9 per cent year-on-year (y-o-y) to RM129.8 billion -- the highest sales recorded since 2013, said the Department of Statistics Malaysia (DoSM).
Chief statistician Datuk Seri Dr Mohd Uzir Mahidin attributed the increase to the retail trade sub-sector which rose by RM13.0 billion or 29.9 per cent y-o-y to RM56.3 billion, adding that wholesale trade also expanded 11.7 per cent y-o-y or RM6.3 billion to RM59.6 billion.
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