Retail trade in Malaysia fell by 1.1 percent year-on-year in September 2021, following a downwardly revised 7.4 percent drop in the previous month. It was the fourth straight month of decline in retail sales but the softest pace in the current sequence, amid easing COVID-19 restrictions. Sales dropped for other goods in specialised stores (-9.8 percent) and other household equipment in specialised stores (-3.9 percent). Also, sales of motor vehicles dropped 20.9 percent, after a 57.6 percent slump in the prior month. Meanwhile, wholesale trade went up 0.9 percent in September, rebounding from a 0.1 percent fall in August. On a monthly basis, retail trade grew 4.6 percent in September, the most since July 2020, accelerating from a 2.9 percent gain in August. source: Department of Statistics, Malaysia
Retail Sales Yoy in Malaysia averaged 7.62 percent from 2013 until 2021, 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 November of 2021.
Retail Sales Yoy in Malaysia is expected to be 3.50 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 2022, according to our econometric models.