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.

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Malaysia Retail Sales YoY



Calendar GMT Actual Previous Consensus TEForecast
2022-08-11 04:00 AM Jun 38.4% 29.2% 30%
2022-09-12 04:00 AM Jul 37.5% 38.4% 40%
2022-10-12 04:00 AM Aug 37.5%


Related Last Previous Unit Reference
Consumer Spending 219516.00 422452.00 MYR Million Jun 2022
Retail Sales YoY 37.50 38.40 percent Jul 2022
Retail Sales MoM 0.40 5.10 percent Jun 2022


News Stream
Malaysia Retail Sales Growth Stays Robust
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.
2022-09-12
Malaysia Retail Sales Rise the Most in 14 Months
Retail trade in Malaysia jumped 38.4 percent year-on-year in June 2022, accelerating sharply from a 29.9 percent gain in the previous month. It was the ninth straight month of increase in retail sales, and the strongest growth since April 2021, amid lifting Covid-19 restrictions. Sales grew faster for retail sale in non-specialised store (38.4% vs 36.3%), other goods in specialised stores (44.3% vs 30.8%), and other household equipment (28.5% vs 21.3%). Also, wholesale trade increased 19.3 percent in June, following an 11.7 percent gain in the previous months. Meanwhile, sales of motor vehicles soared 1,642.8 percent, accelerating strongly from a 20.1 percent rise in the prior month. On a monthly basis, retail trade went up 0.4 percent in June, easing sharply from a 5.1 percent gain a month earlier.
2022-08-11
Malaysia Retail Sales Rise the Most in 13 Months
Retail trade in Malaysia surged 29.9 percent year-on-year in May 2022, accelerating strongly from a 20.9 percent growth in the previous month. It was the eighth straight month of increase in retail sales, and the highest rate since April 2021, amid lifting Covid-19 restrictions. Sales grew for automotive fuel (54.6%), trade not in stores, stalls or markets (36.3 percent), retail sale of other goods in specialised stores (30.8 percent). Also, wholesale trade grew 11.7 percent in May, after an 11.5 percent rise in the previous months. Meanwhile, sales of motor vehicles jumped 20.1 percent, following a 11.3 percent gain in the prior month. On a monthly basis, retail trade advanced 5.1 percent in May, easing from a 7.4 percent growth a month earlier, which was the strongest gain since June 2020.
2022-07-08