Malaysia's wholesale, retail trade rise 19.6 pct, services revenue rises 20.3 pct in 2022

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Malaysia's wholesale, retail trade rise 19.6 pct, services revenue rises 20.3 pct in 2022

STORY: Malaysia's wholesale, retail trade rise 19.6 pct, services revenue rises 20.3 pct in 2022 DATELINE: Feb. 9, 2023 LENGTH: 00:02:35 LOCATION: Kuala Lumpur CATEGORY: ECONOMY SHOTLIST: 1. various of Malaysia's national flag with street views 2. various of customers shopping in stores 3. various of crowds 4. various of street views of Bukit Bintang, Kuala Lumpur 5. various of visuals at food court 6. various of crowds doing their grocery shopping in supermarket STORYLINE: Malaysia's wholesale and retail trade rose 19.6 percent year on year to 1.6 trillion ringgit (about 0.37 trillion U.S. dollars) in 2022, official data showed Wednesday. The Department of Statistics Malaysia (DOSM) said in a statement that the growth was underpinned by retail trade, which increased by 23.9 percent to settle at 661.1 billion ringgit. This was followed by wholesale trade which expanded 10.7 percent to 710.3 billion ringgit. As for pre-pandemic comparison, sales of wholesale and retail trade in 2022 surpassed th

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