Retail trade in Malaysia expanded 37.5 percent year-on-year in July 2022, following a 38.4 percent surge a month earlier which was the steepest pace in 14 months and pointing to the tenth straight month of increase, amid a further recovery in consumption in the wake of COVID disruptions. Sales growth was strong for retail trade in non-specialized stores (39.1% vs 38.4%), as did in specialized stores (47.1% vs 44.3%) and other household equipment (28.8% vs 28.5%). Meanwhile, wholesale trade increased by 20.6 percent in July, quickening from a 19.3 percent growth in June. At the same time, sales of motor vehicles grew by 613.8 percent after surging 1,642.8 percent in June. On a monthly basis, retail trade went up 0.7 percent in June, accelerating from a 0.4 percent rise in June. source: Department of Statistics, Malaysia
Retail Sales YoY in Malaysia averaged 8.43 percent from 2013 until 2022, reaching an all time high of 56.40 percent in April of 2021 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 September of 2022.
Retail Sales YoY in Malaysia is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malaysia Retail Sales YoY is projected to trend around 6.90 percent in 2023, according to our econometric models.