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.