Retail trade in Malaysia increased 7.0 percent year-on-year in December 2019, the same pace as in the previous month. Sales growth accelerated for other goods (8.8 percent vs 8.6 percent in November); automotive fuel (4.1 percent vs 3.9 percent); non-specialised stores (8.5 percent vs 8.3 percent); food, beverages & tobacco (8.6 percent vs 8.4 percent); cultural & recreation goods (7 percent vs 6.5 percent); and via stalls and markets (8.9 percent vs 8.6 percent). On the other hand, sales slowed for both other household equipment (4.3 percent vs 5.2 percent); and information & communication equipment (3 percent vs 4 percent). Meantime, wholesale trade (5.5 percent vs 4.4 percent) and motor vehicles sales (4.5 percent vs 3 percent) advanced at a faster pace. On a monthly basis, retail trade rose 4.2 percent in December, the most since June, following a 2.3 percent gain in November.
Retail Sales Yoy in Malaysia averaged 9.53 percent from 2013 until 2019, reaching an all time high of 14.80 percent in August of 2018 and a record low of 5.90 percent in July of 2015. This page provides - Malaysia Retail Sales YoY- actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Department of Statistics, Malaysia
Retail Sales Yoy in Malaysia is expected to be 6.50 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 6.90 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.