Retail trade in Malaysia declined 2.1 percent year-on-year in February 2021, following a 2.5 percent fall in the previous month. It was the fifth straight month of decrease in retail trade, amid the corona virus pandemic. Sales decreased for automotive fuels (-15.7 percent vs -14.1 percent in January), other goods in specialised stores (-6.6 percent vs -7.0 percent) and cultural and recreation goods (-3.2 percent vs -5.1 percent). Also, wholesale trade dropped less (-0.1 percent vs -0.4 percent in January). At the same time, sales of motor vehicles edged down 0.1 percent, following a 12.4 percent plunge in the prior month. On a monthly basis, retail trade fell by 3.0 percent in February, after a 2.6 percent drop in January. source: Department of Statistics, Malaysia
Retail Sales Yoy in Malaysia averaged 7.50 percent from 2013 until 2021, 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 April of 2021.
Retail Sales Yoy in Malaysia is expected to be 6.00 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 2.50 in 12 months time. In the long-term, the Malaysia Retail Sales YoY is projected to trend around 6.90 percent in 2022, according to our econometric models.