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: Malaysia Retail Trade Sales Rise In Q3 (RTTNews) - Retail trade in Malaysia rose 2% year-on-year in the third quarter, the Department of Statistics said Thursday. At the same time, wholesale trade and motor vehicle sales fell 10.8% and 5.3% respectively in the third quarter. As a result, total distributive trade recorded a decline of 5.9%. Compared to the second quarter, retail trade rose 9.5%, wholesale trade climbed 6.3% and motor vehicle sales were up 7.4%. In all, distributive trade increased 7.6%. Meanwhile, employment in the distributive trade industries rose quarter-on-quarter to reflect a rise in all three sub sectors. On a yearly basis, the increase in employment in distributive trade came mainly from retail trade and motor vehicle sectors, while wholesale trade showed a fall. |
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