Retail sales in Malaysia increased by 7.0 percent year-on-year in November of 2019, accelerating from a 4-year low of 6.8 percent rise in the prior month. The expansion was driven by sales via stalls and markets (8.6 percent vs 8.3 percent in October); food, beverages and tobacco (8.4 percent vs 8.2 percent); retail sales in non-specialised stores (8.3 percent vs 8.0 percent); retail sales in non-specialised stores (8.2 percent vs 8.0 percent) and other goods (8.6 percent vs 8.1 percent). On a monthly basis, retail trade jumped 2.3 percent in October, following a 1.6 percent rise in October.
Retail Sales Yoy in Malaysia averaged 9.56 percent from 2013 until 2019, reaching an all time high of 14.80 percent in August of 2018 and a record low of 5.90 percent in July of 2015. This page provides - Malaysia Retail Sales YoY- actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Department of Statistics, Malaysia
Retail Sales Yoy in Malaysia is expected to be 6.50 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 6.90 in 12 months time. In the long-term, the Malaysia Retail Sales YoY is projected to trend around 6.90 percent in 2020, according to our econometric models.