Retail trade in Malaysia rose 17.3 percent year-on-year in May 2021, slowing sharply from a 56.4 percent jump in the previous month, amid lockdown measures to contain the spread of the coronavirus. Sales increased for information and communication equipment (35.5 percent), cultural & recreation goods (28.0 percent), and other household equipment (32.2 percent). Also, wholesale trade grew 31.2 percent in May, after surging 43 percent in April. At the same time, sales of motor vehicles advanced 71.1 percent, easing sharply from a 1,687.8 percent jump in the prior month. On a monthly basis, retail trade went down 2.2 percent in May, following a 1.5 percent fall in April. source: Department of Statistics, Malaysia

Retail Sales Yoy in Malaysia averaged 8.11 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 July 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. 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.

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Malaysia Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
17.30 56.40 56.40 -32.40 2013 - 2021 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-04-09 04:00 AM Feb -2.1% -2.5% -2.5%
2021-05-07 04:00 AM Mar 10.5% -2.1% 3.5%
2021-06-11 04:00 AM Apr 56.4% 10.5% 50%
2021-07-12 04:00 AM May 17.3% 56.4% 31%
2021-08-11 04:00 AM Jun 17.3%
2021-09-10 04:00 AM Jul
2021-10-12 04:00 AM Aug
2021-11-10 04:00 AM Sep


News Stream
Malaysia Retail Sales Growth Eases in May
Retail trade in Malaysia rose 17.3 percent year-on-year in May 2021, slowing sharply from a 56.4 percent jump in the previous month, amid lockdown measures to contain the spread of the coronavirus. Sales increased for information and communication equipment (35.5 percent), cultural & recreation goods (28.0 percent), and other household equipment (32.2 percent). Also, wholesale trade grew 31.2 percent in May, after surging 43 percent in April. At the same time, sales of motor vehicles advanced 71.1 percent, easing sharply from a 1,687.8 percent jump in the prior month. On a monthly basis, retail trade went down 2.2 percent in May, following a 1.5 percent fall in April.
2021-07-12
Malaysia Retail Sales Growth Hits Record High
Retail trade in Malaysia surged 56.4 percent year-on-year in April 2021, accelerating sharply from a 10.5 percent rise in the previous month. It was the second straight month increase in retail sales and the strongest growth since the series began in 2013, amid a further economic recovery and a low base effect from last year. Sales increased for other goods in specialised stores (133.5 percent), automotive fuels (120.9 percent), cultural & recreation goods (107.8 percent), and other household equipment (103.4 percent). Also, wholesale trade jumped 43 percent in April, after increasing 1.8 percent in March. At the same time, sales of motor vehicles soared 1,687.8 percent, accelerating sharply from a 40.7 percent surge in the prior month. On a monthly basis, retail trade edged down 1.5 percent in April, reversing from a 1.7 percent rise in March.
2021-06-11
Malaysia Retail Sales Rise the Most in 26 Months
Retail trade in Malaysia surged 10.5 percent year-on-year in March 2021, rebounding sharply from a 2.1 percent drop in the previous month. It was the first time increase in retail sales in 6 months and the most since January 2019, amid the corona virus pandemic. Sales increased for automotive fuels (17.2 percent), other goods in specialised stores (13.7 percent) and other household equipment (15 percent). Also, wholesale trade grew (1.8 percent vs -0.1 percent in February). At the same time, sales of motor vehicles jumped 40.7 percent, following a 0.1 percent fall in the prior month. On a monthly basis, retail trade rose by 1.7 percent in March, after a 3.0 percent drop in February.
2021-05-07
Malaysia Retail Sales Drop at Softer Pace
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.
2021-04-09