Retail trade in Malaysia increased by 30.0 percent year-on-year in September 2022, slowing from a 34.5 percent jump a month earlier. It was the softest growth since May, as consumption eased amid rising cost pressures. Sales growth slowed for both non-specialized stores (31.9% vs 37.1% in August) and specialized stores (43.4% vs 45.7%). Also, sales of other household equipment rose at a softer pace (23.1% vs 27.9%), while sales of motor vehicles moderated sharply (51.0% vs 185.3%). Meanwhile, wholesale trade grew by 13.3 percent in September, easing from a 16.0 percent gain in August. On a monthly basis, retail trade advanced by 1.2 percent, from 0.7 percent in August. source: Department of Statistics, Malaysia

Retail Sales YoY in Malaysia averaged 8.83 percent from 2013 until 2022, 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 2022.

Retail Sales YoY in Malaysia is expected to be 2.50 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 2023, according to our econometric models.

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Malaysia Retail Sales YoY



Calendar GMT Actual Previous Consensus TEForecast
2022-10-12 04:00 AM Aug 34.5% 37.5% 36%
2022-11-10 04:00 AM Sep 30.0% 34.5% 29%
2022-12-09 04:00 AM Oct 30.0%


Related Last Previous Unit Reference
Consumer Spending 235858.00 219516.00 MYR Million Sep 2022
Retail Sales YoY 30.00 34.50 percent Sep 2022
Retail Sales MoM 1.20 0.70 percent Sep 2022


News Stream
Malaysia Retail Trade Growth Slows in September
Retail trade in Malaysia increased by 30.0 percent year-on-year in September 2022, slowing from a 34.5 percent jump a month earlier. It was the softest growth since May, as consumption eased amid rising cost pressures. Sales growth slowed for both non-specialized stores (31.9% vs 37.1% in August) and specialized stores (43.4% vs 45.7%). Also, sales of other household equipment rose at a softer pace (23.1% vs 27.9%), while sales of motor vehicles moderated sharply (51.0% vs 185.3%). Meanwhile, wholesale trade grew by 13.3 percent in September, easing from a 16.0 percent gain in August. On a monthly basis, retail trade advanced by 1.2 percent, from 0.7 percent in August.
2022-11-10
Malaysia Retail Sales Growth Slows to 3-Month Low
Retail trade in Malaysia increased 34.5 percent year-on-year in August 2022, slowing from a 37.5 percent jump a month earlier. It was the weakest growth in retail sales since May, amid rising consumer prices. Sales growth eased for retail trade in non-specialized stores (37.1% vs 39.1% in July), as did in specialized stores (45.7% vs 47.1%) and other household equipment (27.9% vs 28.5%). Meanwhile, wholesale trade grew by 16.0 percent in August, easing from a 20.5 percent gain in July. At the same time, sales of motor vehicles grew by 185.3 percent after surging 597.7 percent in July. On a monthly basis, retail trade rose 0.7 percent in August, the same pace as in July.
2022-10-12
Malaysia Retail Sales Growth Stays Robust
Retail trade in Malaysia expanded 37.5 percent year-on-year in July 2022, following a 38.4 percent surge a month earlier which was the steepest pace in 14 months and pointing to the tenth straight month of increase, amid a further recovery in consumption in the wake of COVID disruptions. Sales growth was strong for retail trade in non-specialized stores (39.1% vs 38.4%), as did in specialized stores (47.1% vs 44.3%) and other household equipment (28.8% vs 28.5%). Meanwhile, wholesale trade increased by 20.6 percent in July, quickening from a 19.3 percent growth in June. At the same time, sales of motor vehicles grew by 613.8 percent after surging 1,642.8 percent in June. On a monthly basis, retail trade went up 0.7 percent in June, accelerating from a 0.4 percent rise in June.
2022-09-12