Malaysia Retail Sales Growth Strongest In 11 Months

1 week ago 6

Malaysia's retail income maturation accelerated to the strongest level successful astir a twelvemonth successful March, information from the statistical bureau showed connected Thursday.

The worth of retail income logged an yearly maturation of 7.1 percent successful March, faster than the 5.8 percent summation successful February.

Further, this was the biggest summation since April 2023, erstwhile income had risen 12.9 percent.

Retail income astatine non-specialised stores grew 8.4 percent from past year, and income of different goods successful specialised stores precocious by 10.9 percent.

Data besides showed that wholesale commercialized grew 4.0 percent year-on-year successful March, pursuing February's 5.2 percent increase.

Sales of centrifugal vehicles were 3.2 percent higher astatine the commencement of the archetypal quarter, though slower than the 5.4 percent ascent a period ago.

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