KUALA LUMPUR: Malaysia’s wholesale and retail trade expanded 7.1 per cent year-on-year (y-o-y) to register a monthly sales value of RM147.9 billion in May 2024, according to the Department of Statistics Malaysia (DoSM).
Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said in a statement today that the increase was driven by the retail trade sub-sector, which rose 8.7 per cent or RM5.1 billion to register RM64.0 billion.
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