Retail trade in Malaysia declined 1.5 percent year-on-year in August 2020, following a 3.8 percent drop in the previous month. It was the sixth consecutive decline in retail trade, but the smallest in the current sequence, as the economy continued to recover from the pandemic shock. Sales fell for cultural & recreation goods (-9.7 percent), other goods in specialized stores (-7.2 percent), and automotive fuel (-5.6 percent). Also, wholesale trade declined at a softer pace (-3.9 percent vs -4.5 percent in July) while sales of motor vehicles continued to rise (1.0 percent vs 1.7 percent). On a monthly basis, retail trade increased 2.3 percent in August.

Retail Sales Yoy in Malaysia averaged 8.09 percent from 2013 until 2020, 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 October of 2020. source: Department of Statistics, Malaysia

Retail Sales Yoy in Malaysia is expected to be 4.00 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 3.50 in 12 months time. In the long-term, the Malaysia Retail Sales YoY is projected to trend around 6.90 percent in 2021, according to our econometric models.

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Malaysia Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
-1.50 -3.80 14.80 -32.40 2013 - 2020 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-07-10 04:00 AM May -16.2% -32.4% -21%
2020-08-10 04:00 AM Jun -9.2% -16.2% 3.5%
2020-09-11 04:00 AM Jul -3.8% -9.2% -4.5%
2020-10-12 04:00 AM Aug -1.5% -3.8% -3.5%
2020-11-10 04:00 AM Sep -1.5% -1.5%
2020-12-10 04:00 AM Oct
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Malaysia Retail Sales Drop at Softer Pace
Retail trade in Malaysia declined 1.5 percent year-on-year in August 2020, following a 3.8 percent drop in the previous month. It was the sixth consecutive decline in retail trade, but the smallest in the current sequence, as the economy continued to recover from the pandemic shock. Sales fell for cultural & recreation goods (-9.7 percent), other goods in specialized stores (-7.2 percent), and automotive fuel (-5.6 percent). Also, wholesale trade declined at a softer pace (-3.9 percent vs -4.5 percent in July) while sales of motor vehicles continued to rise (1.0 percent vs 1.7 percent). On a monthly basis, retail trade increased 2.3 percent in August.
2020-10-12
Malaysia Retail Sales Fall at Softer Pace
Retail trade in Malaysia dropped 3.8 percent year-on-year in July 2020, following a 9.2 percent fall in the previous month. It was the fifth consecutive decline in retail trade, but the smallest in the current sequence, amid the reopening of almost all economic sectors and business activities which started in May 4th. Also, wholesale trade declined less (-4.5 percent vs -8.7 percent) while sales of motor vehicles rebounded sharply (1.7 percent vs -4.5 percent). On a monthly basis, retail trade increased 7.1 percent in July, after a 13 percent rise in June.
2020-09-11
Malaysia Retail Sales Fall for 4th Month
Retail trade in Malaysia dropped 9.2 percent year-on-year in June 2020, following a 16.2 percent plunge in the previous month. It was the fourth consecutive decline in retail trade, but the smallest in the current sequence, amid the reopening of almost all economic sectors and business activities which started in May 4th. Also, both wholesale trade (-8.7 percent vs -4.5 percent in May) and motor vehicles (-4.5 percent vs -49.5 percent) continued to drop. On a monthly basis, retail trade rose 13 percent in June, after a 30.5 percent surge in May.
2020-08-10
Malaysia Retail Sales Drop for 3rd Month
Retail trade in Malaysia dropped 16.2 percent year-on-year in May 2020, following a 32.4 percent slump in the previous month. It was the third straight month of decline in retail sales, amid the coronavirus pandemic. Also, both wholesale trade (-23.6 percent vs -26.3 percent) and motor vehicles (-49.5 percent vs -93.2 percent) plunged. On a monthly basis, retail trade surged 30.5 percent in May, rebounding from a 30.5 percent tumble in April, due to the reopening of almost all economic sectors and business activities starting May 4, under the conditional movement control order.
2020-07-10