Gathers pace in June but tariff tensions keep a lid on 2H25 upside
Distributive trade sales expanded to 4.8% YoY (May: 4.4%), the fastest pace in three months
- MoM (-0.9%; May: 1.7%): fell slightly after a modest rebound in May.
- Sales value (RM153.0b: May: RM154.3b): narrowed but remained above the 2024 average of RM147.2b.
Retail and wholesale trade gains drove June’s growth, partly offset by weaker motor vehicles
- Motor vehicles (0.7%; May: 1.5%): slower growth due to a drop in motor vehicles sales (-2.8%; May: 0.2%) in line with weaker monthly unit sales (54.8k; May: 68.0k). Still growth was supported by gains in maintenance & repair (4.8%; May: 2.6%) and vehicle parts and accessories (3.0%; May: 2.1%).
- Wholesale trade (5.2%; May: 4.7%): expanded sharply, attributed to strong agricultural raw
- materials & live animals (12.2%; May: 3.0%), fee or contract basis (5.2%; May: 4.4%), and non-specialised items (9.0%; May: 7.5%).
- Retail trade (5.4%; May: 4.9%): accelerated on strong growth in non-specialised stores (5.7%; May: 4.0%), food, beverages & tobacco (6.5%; May: 6.4%) and others in specialised store (5.9%; May: 5.2%).
Download Full Content:
