Retail trade in Malaysia increased 1.1 percent year-on-year in September 2020, rebounding from an 1.5 percent fall in the previous month. It was the first increase in retail sales since February, as the economy continued to recover from the pandemic shock. Sales rose for retail trade not in stores, stalls or markets (9.2 percent), retail sale via stalls and markets (8.2 percent), food, beverages and tobacco in specialised stores (8.2 percent) and retail sale in non-specialised stores (7.6 percent). Also, sales of motor vehicles jumped (17.1 percent vs 1.0 percent). Meantime, wholesale trade continued to decline (-4.2 percent vs -3.9 percent in August). On a monthly basis, retail trade dropped 2.5 percent in September. source: Department of Statistics, Malaysia
Retail Sales Yoy in Malaysia averaged 8.01 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 December of 2020.
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 3.50 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.