Retail trade in Malaysia fell 2.0 percent year-on-year in December 2020, after a 2.3 percent drop in the previous month. It was the third straight month of decrease in retail trade, amid the corona virus pandemic. Sales declined for automotive fuels (-10.5 percent vs -14.6 percent in November), other goods in specialised stores (-6.4 percent vs -6.2 percent) and cultural and recreation goods (-4.9 percent vs -5.1 percent). Also, wholesale trade continued to decrease (-0.6 percent vs -0.7 percent in November). Meantime, sales of motor vehicles increased much more (7.4 percent vs 1.2 percent). On a monthly basis, retail trade was up 4.5 percent in December, the most since July, after an 1.4 percent rise in November. source: Department of Statistics, Malaysia
Retail Sales Yoy in Malaysia averaged 7.71 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 February of 2021.
Retail Sales Yoy in Malaysia is expected to be 5.50 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 3.50 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.