Retail trade in Malaysia dropped 16.2 percent year-on-year in May 2020, following a 32.4 percent slump in the previous month. It was the third straight month of decline in retail sales, amid the coronavirus pandemic. Also, both wholesale trade (-23.6 percent vs -26.3 percent) and motor vehicles (-49.5 percent vs -93.2 percent) plunged. On a monthly basis, retail trade surged 30.5 percent in May, rebounding from a 30.5 percent tumble in April, due to the reopening of almost all economic sectors and business activities starting May 4, under the conditional movement control order.

Retail Sales Yoy in Malaysia averaged 8.52 percent from 2013 until 2020, reaching an all time high of 14.80 percent in August of 2018 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 2020. source: Department of Statistics, Malaysia

Retail Sales Yoy in Malaysia is expected to be 4.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales Yoy in Malaysia to stand at 6.00 in 12 months time. In the long-term, the Malaysia Retail Sales YoY is projected to trend around 6.90 percent in 2021, according to our econometric models.

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Malaysia Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
-16.20 -32.40 14.80 -32.40 2013 - 2020 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-04-10 04:00 AM Feb 6.4% 6.7% 6.5%
2020-05-08 04:00 AM Mar -6.6% 6.3% 5.5%
2020-06-11 04:00 AM Apr -32.4% -6.6% -25%
2020-07-10 04:00 AM May -16.2% -32.4% -21%
2020-08-10 04:00 AM Jun -16.2% 3.5%
2020-09-11 04:00 AM Jul
2020-10-12 04:00 AM Aug
2020-11-10 04:00 AM Sep 4%


News Stream
Malaysia Retail Sales Drop for 3rd Month
Retail trade in Malaysia dropped 16.2 percent year-on-year in May 2020, following a 32.4 percent slump in the previous month. It was the third straight month of decline in retail sales, amid the coronavirus pandemic. Also, both wholesale trade (-23.6 percent vs -26.3 percent) and motor vehicles (-49.5 percent vs -93.2 percent) plunged. On a monthly basis, retail trade surged 30.5 percent in May, rebounding from a 30.5 percent tumble in April, due to the reopening of almost all economic sectors and business activities starting May 4, under the conditional movement control order.
2020-07-10
Malaysia Retail Sales Fall the Most on Record
Retail trade in Malaysia slumped 32.4 percent year-on-year in April 2020, the steepest decline since the series began in January 2013, following a 6.6 percent fall in the previous month. Sales dropped for automotive fuels (-56.3 percent vs -14.4 percent); household equipment (-48.3 percent vs -13.1 percent); cultural & recreation goods (-53.2 percent vs -12.0 percent); information & communication equipment (-31.0 percent vs -5.3 percent); non-specialised stores (-9.3 percent vs -0.3 percent). In addition, sales growth eased for both food, beverages & tobacco (1.9 percent vs 2.6 percent). By contrast, sales via stalls and markets continued to increase (4.3 percent vs 1.7 percent). Also, both wholesale trade (-26.3 percent vs -2.7 percent) and motor vehicles (-93.2 percent vs -15.3 percent) tumbled. On a monthly basis, retail trade plunged 30.5 percent in April, the fourth straight month of decline, following a 9.9 percent slump in March.
2020-06-11
Malaysia Retail Sales Fall for 1st Time in Over 7 Years
Retail trade in Malaysia tumbled 6.6 percent year-on-year in March 2020, the first decline since the series began in January 2013, following a downwardly revised 6.3 percent rise in the previous month. Sales fell for automotive fuels (-14.4 percent vs 3.1 percent in February); household equipment (-13.1 percent vs 4.8 percent); cultural & recreation goods (-12.0 percent vs 4.7 percent); information & communication equipment (-5.3 percent vs 4.0 percent); non-specialised stores (-0.3 percent vs 7.4 percent). In addition, sales growth eased for both food, beverages & tobacco (2.6 percent vs 7.5 percent) and sales via stalls and markets (1.7 percent vs 9.4 percent). Also, both wholesale trade (-7.5 percent vs 6.4 percent) and motor vehicles (-14.4 percent vs 3.6 percent) plunged. On a monthly basis, retail trade plunged 9.9 percent in March, the third straight month of decline, following an upwardly revised 3.4 percent fall in February.
2020-05-08
Malaysia Retail Sales Rise the Least in Near 4-1/2 Years
Retail trade in Malaysia increased 6.4 percent year-on-year in February 2020, the least since September 2015, following a 6.7 percent rise in the previous month. Sales growth slowed for other goods (8.0 percent vs 8.3 percent in January); automotive fuels (3.1 percent vs 3.4 percent); non-specialised stores (7.7 percent vs 8.1 percent); food, beverages & tobacco (7.5 percent vs 8.0 percent); cultural & recreation goods (4.7 percent vs 5.3 percent); information & communication equipment (4.0 percent vs 4.5 percent). On the other hand, sales accelerated for both household equipment (4.8 percent vs 4.1 percent) and sales via stalls and markets (9.4 percent vs 9.2 percent). Meantime, wholesale trade advanced softer (5.1 percent vs 5.2 percent) while sales of motor vehicles went up faster (3.7 percent vs 1.0 percent). On a monthly basis, retail trade fell 3.3 percent in February, the second straight month of decline, following a 2 percent fall in January.
2020-04-10