Retail trade in Malaysia surged 29.9 percent year-on-year in May 2022, accelerating strongly from a 20.9 percent growth in the previous month. It was the eighth straight month of increase in retail sales, and the highest rate since April 2021, amid lifting Covid-19 restrictions. Sales grew for automotive fuel (54.6%), trade not in stores, stalls or markets (36.3 percent), retail sale of other goods in specialised stores (30.8 percent). Also, wholesale trade grew 11.7 percent in May, after an 11.5 percent rise in the previous months. Meanwhile, sales of motor vehicles jumped 20.1 percent, following a 11.3 percent gain in the prior month. On a monthly basis, retail trade advanced 5.1 percent in May, easing from a 7.4 percent growth a month earlier, which was the strongest gain since June 2020. source: Department of Statistics, Malaysia

Retail Sales Yoy in Malaysia averaged 7.91 percent from 2013 until 2022, reaching an all time high of 56.40 percent in April of 2021 and a record low of -32.40 percent in April of 2020. This page provides - Malaysia Retail Sales YoY- actual values, historical data, forecast, chart, statistics, economic calendar and news. Malaysia Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.

Retail Sales Yoy in Malaysia is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malaysia Retail Sales YoY is projected to trend around 6.90 percent in 2023, according to our econometric models.

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Malaysia Retail Sales YoY



Calendar GMT Actual Previous Consensus TEForecast
2022-06-09 04:00 AM Apr 20.9% 10.8% 1.5%
2022-07-08 04:00 AM May 29.9% 20.9% 23.9%
2022-08-11 04:00 AM Jun 29.9% 30%


Related Last Previous Unit Reference
Consumer Spending 422452.00 215006.00 MYR Million Mar 2022
Retail Sales Yoy 29.90 20.90 percent May 2022
Retail Sales Mom 5.10 7.40 percent May 2022


News Stream
Malaysia Retail Sales Rise the Most in 13 Months
Retail trade in Malaysia surged 29.9 percent year-on-year in May 2022, accelerating strongly from a 20.9 percent growth in the previous month. It was the eighth straight month of increase in retail sales, and the highest rate since April 2021, amid lifting Covid-19 restrictions. Sales grew for automotive fuel (54.6%), trade not in stores, stalls or markets (36.3 percent), retail sale of other goods in specialised stores (30.8 percent). Also, wholesale trade grew 11.7 percent in May, after an 11.5 percent rise in the previous months. Meanwhile, sales of motor vehicles jumped 20.1 percent, following a 11.3 percent gain in the prior month. On a monthly basis, retail trade advanced 5.1 percent in May, easing from a 7.4 percent growth a month earlier, which was the strongest gain since June 2020.
2022-07-08
Malaysia Retail Sales Rise the Most in A Year
Retail trade in Malaysia jumped 20.9 percent year-on-year in April 2022, accelerating sharply from a 10.8 percent gain in the previous month. It was the seventh straight month of increase in retail sales, and the strongest growth since April 2021, amid lifting Covid-19 restrictions. Sales grew for trade not in stores, stalls or markets (28.6 percent), retail sale in non-specialized stores (26.4 percent), and retail sale of automotive fuel in specialised stores (11.2%). Also, wholesale trade rose 11.5 percent in March, following an 8.6 percent gain in the previous months. Meanwhile, sales of motor vehicles climbed 11.3 percent, after a 11.1 percent rise in the prior month. On a monthly basis, retail trade advanced 7.4 percent in April, the most since June 2020, accelerating strongly from a 2.2 percent growth a month earlier.
2022-06-09
Malaysia Retail Sales Growth Accelerates to 10-Month High
Retail trade in Malaysia increased 10.8 percent year-on-year in March 2022, accelerating from a 10.2 percent gain in the previous month. It was the sixth straight month of increase in retail sales, and the steepest growth since last May, amid lifting Covid-19 restrictions. Sales increased for trade not in stores, stalls or markets (26.5 percent), retail sale in non-specialized stores (16.2 percent), retail sale via stalls & markets (11.8%), and retail sale of cultural & recreation goods in specialised stores (11.2%). Also, wholesale trade went up 8.6 percent in March, following a 6.2 percent gain in the previous months. Meanwhile, sales of motor vehicles rose 11.1 percent, after a 12.5 percent growth in the prior month. On a monthly basis, retail trade grew 2.2 percent in March, rebounding from a 0.4 percent drop a month earlier, which was the first monthly decline in 8 months.
2022-05-12