Malaysia's wholesale, retail sales up 12.4 pct in Jan.

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Malaysia's wholesale, retail sales up 12.4 pct in Jan.

STORY: Malaysia's wholesale, retail sales up 12.4 pct in Jan. DATELINE: March 15, 2023 LENGTH: 0:02:16 LOCATION: Kuala Lumpur CATEGORY: ECONOMY SHOTLIST: 1. various of streets in Kuala Lumpur 2. various of 4S store 3. various of supermarkets STORYLINE: Malaysia's wholesale and retail sales grew 12.4 percent year on year to 135.1 billion ringgit (30.1 billion U.S. dollars) in January, official data showed Monday. The Department of Statistics Malaysia (DOSM) said in a statement that the growth was attributed to the retail trade sub-sector, which recorded an increase of 21.7 percent to 59.6 billion ringgit (13.3 billion U.S. dollars). Meanwhile, the sales of motor vehicles expanded 20.1 percent to 15.2 billion ringgit (3.39 billion U.S. dollars). Wholesale trade, on the other hand, went up 3.1 percent to 60.4 billion ringgit (13.49 billion U.S. dollars). However, for month-on-month comparison, the data showed the sales value of wholesale and retail trade declined by 1.6 percent, as the motor vehicle

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