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.

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Malaysia Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
-2.00 -2.30 14.80 -32.40 2013 - 2020 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-11-10 04:00 AM Sep 1.1% -1.5% -1.5%
2020-12-10 04:00 AM Oct -1.5% 1.6% -0.5%
2021-01-12 04:00 AM Nov -2.3% -1.5% -1.1%
2021-02-09 04:00 AM Dec -2.0% -2.3% -1.5%
2021-03-12 04:00 AM Jan -2.0%
2021-04-09 04:00 AM Feb
2021-05-07 04:00 AM Mar
2021-06-11 04:00 AM Apr


News Stream
Malaysia Retail Sales Drop for 3rd Month
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.
2021-02-09
Malaysia Retail Sales Fall the Most in 4 Months
Retail trade in Malaysia dropped 2.3 percent year-on-year in November 2020, the most since July, after a 1.5 percent fall in the previous month. Sales declined for automotive fuels (-14.6 percent), other goods in specialised stores (-6.2 percent) and cultural and recreation goods (-5.1 percent). Also, wholesale trade continued to decrease (-0.7 percent vs -0.9 percent in October). Meanwhile, sales of motor vehicles increased less (1.2 percent vs 2.2 percent). On a monthly basis, retail trade was up 1.4 percent in November.
2021-01-12
Malaysia Retail Sales Drop 1.5% YoY in October
Retail trade in Malaysia fell 1.5 percent year-on-year in October 2020, after an upwardly revised 1.6 percent rise in the previous month. Sales dropped for automotive fuels (-9.6 percent), other goods in specialised stores (-7.4 percent) and cultural and recreation goods (-4.6 percent). Also, wholesale trade continued to decline (-0.9 percent vs -4.2 percent in September). Meanwhile, sales of motor vehicles increased softer (2.2 percent vs 17.1 percent). On a monthly basis, retail trade dropped 1.4 percent in October.
2020-12-10
Malaysia Retail Sales Rise for First Time in 7 Months
Retail trade in Malaysia increased 1.1 percent year-on-year in September 2020, rebounding from an 1.5 percent fall in the previous month. It was the first increase in retail sales since February, as the economy continued to recover from the pandemic shock. Sales rose for retail trade not in stores, stalls or markets (9.2 percent), retail sale via stalls and markets (8.2 percent), food, beverages and tobacco in specialised stores (8.2 percent) and retail sale in non-specialised stores (7.6 percent). Also, sales of motor vehicles jumped (17.1 percent vs 1.0 percent). Meantime, wholesale trade continued to decline (-4.2 percent vs -3.9 percent in August). On a monthly basis, retail trade dropped 2.5 percent in September.
2020-11-10