Retail trade in Malaysia surged 10.5 percent year-on-year in March 2021, rebounding sharply from a 2.1 percent drop in the previous month. It was the first time increase in retail sales in 6 months and the most since January 2019, amid the corona virus pandemic. Sales increased for automotive fuels (17.2 percent), other goods in specialised stores (13.7 percent) and other household equipment (15 percent). Also, wholesale trade grew by 1.8 percent in March, after edging down 0.1 percent in February. At the same time, sales of motor vehicles jumped 40.7 percent, recovering sharply from a 0.1 percent fall in the prior month. On a monthly basis, retail trade rose by 1.7 percent in March, rebounding from a 3.0 percent drop in February. source: Department of Statistics, Malaysia

Retail Sales Yoy in Malaysia averaged 7.53 percent from 2013 until 2021, 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 May of 2021.

Retail Sales Yoy in Malaysia is expected to be 6.00 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 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.

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Malaysia Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
10.50 -2.10 14.80 -32.40 2013 - 2021 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-02-09 04:00 AM Dec -2.0% -2.3% -1.5%
2021-03-12 04:00 AM Jan -2.5% -2.0% -1.5%
2021-04-09 04:00 AM Feb -2.1% -2.5% -2.5%
2021-05-07 04:00 AM Mar 10.5% -2.1% 3.5%
2021-06-11 04:00 AM Apr 10.5%
2021-07-12 04:00 AM May
2021-08-11 04:00 AM Jun
2021-09-10 04:00 AM Jul


News Stream
Malaysia Retail Sales Rise the Most in 26 Months
Retail trade in Malaysia surged 10.5 percent year-on-year in March 2021, rebounding sharply from a 2.1 percent drop in the previous month. It was the first time increase in retail sales in 6 months and the most since January 2019, amid the corona virus pandemic. Sales increased for automotive fuels (17.2 percent), other goods in specialised stores (13.7 percent) and other household equipment (15 percent). Also, wholesale trade grew (1.8 percent vs -0.1 percent in February). At the same time, sales of motor vehicles jumped 40.7 percent, following a 0.1 percent fall in the prior month. On a monthly basis, retail trade rose by 1.7 percent in March, after a 3.0 percent drop in February.
2021-05-07
Malaysia Retail Sales Drop at Softer Pace
Retail trade in Malaysia declined 2.1 percent year-on-year in February 2021, following a 2.5 percent fall in the previous month. It was the fifth straight month of decrease in retail trade, amid the corona virus pandemic. Sales decreased for automotive fuels (-15.7 percent vs -14.1 percent in January), other goods in specialised stores (-6.6 percent vs -7.0 percent) and cultural and recreation goods (-3.2 percent vs -5.1 percent). Also, wholesale trade dropped less (-0.1 percent vs -0.4 percent in January). At the same time, sales of motor vehicles edged down 0.1 percent, following a 12.4 percent plunge in the prior month. On a monthly basis, retail trade fell by 3.0 percent in February, after a 2.6 percent drop in January.
2021-04-09
Malaysia Retail Sales Fall the Most in 6 Months
Retail trade in Malaysia dropped 2.5 percent year-on-year in January 2021, following a 2.0 percent decline in December 2020. It was the fourth straight month of decrease in retail trade, and the steepest fall since last July, amid the corona virus pandemic. Sales declined for automotive fuels (-14.1 percent vs -10.5 percent in December 2020), other goods in specialised stores (-7.0 percent vs -6.4 percent) and cultural and recreation goods (-5.1 percent vs -4.9 percent). Also, wholesale trade continued to decrease (-0.4 percent vs -0.6 percent in December). At the same time, sales of motor vehicles plunged by 13.8 percent, reversing from a 7.4 percent jump in the prior month. On a monthly basis, retail trade declined 2.6 percent in January, the first monthly decrease in three months, after a 4.5 percent growth in December.
2021-03-12
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