Retail trade in Malaysia fell by 1.1 percent year-on-year in September 2021, following a downwardly revised 7.4 percent drop in the previous month. It was the fourth straight month of decline in retail sales but the softest pace in the current sequence, amid easing COVID-19 restrictions. Sales dropped for other goods in specialised stores (-9.8 percent) and other household equipment in specialised stores (-3.9 percent). Also, sales of motor vehicles dropped 20.9 percent, after a 57.6 percent slump in the prior month. Meanwhile, wholesale trade went up 0.9 percent in September, rebounding from a 0.1 percent fall in August. On a monthly basis, retail trade grew 4.6 percent in September, the most since July 2020, accelerating from a 2.9 percent gain in August. source: Department of Statistics, Malaysia

Retail Sales Yoy in Malaysia averaged 7.62 percent from 2013 until 2021, 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 November of 2021.

Retail Sales Yoy in Malaysia is expected to be 3.50 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 2022, according to our econometric models.

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Malaysia Retail Sales YoY


Calendar GMT Actual Previous Consensus TEForecast
2021-10-12 04:00 AM Aug -7.5% -8.1% -12%
2021-11-10 04:00 AM Sep -1.1% -7.4% -2.9%
2021-12-10 04:00 AM Oct -1.1%


Related Last Previous Unit Reference
Consumer Spending 204728.00 185135.00 MYR Million Sep/21
Retail Sales Yoy -1.10 -7.40 percent Sep/21
Retail Sales Mom 4.60 2.90 percent Sep/21

News Stream
Malaysia Retail Sales Fall at Softer Pace
Retail trade in Malaysia fell by 1.1 percent year-on-year in September 2021, following a downwardly revised 7.4 percent drop in the previous month. It was the fourth straight month of decline in retail sales but the softest pace in the current sequence, amid easing COVID-19 restrictions. Sales dropped for other goods in specialised stores (-9.8 percent) and other household equipment in specialised stores (-3.9 percent). Also, sales of motor vehicles dropped 20.9 percent, after a 57.6 percent slump in the prior month. Meanwhile, wholesale trade went up 0.9 percent in September, rebounding from a 0.1 percent fall in August. On a monthly basis, retail trade grew 4.6 percent in September, the most since July 2020, accelerating from a 2.9 percent gain in August.
2021-11-10
Malaysia Retail Sales Fall at Softer Pace
Retail trade in Malaysia dropped by 7.5 percent year-on-year in August 2021, following an 8.1 percent fall in the previous month. It was the third straight month of decline in retail sales, amid easing restriction measures to contain the spread of the coronavirus. Sales decreased for other household equipment in specialised stores (-7.5 percent), other goods in specialised stores (-14.8 percent), and retail sales in non-specialised stores (-8.1 percent). Also, sales of motor vehicles dropped 57.6 percent, after an 88.2 percent plunge in the prior month. At the same time, wholesale trade edged down 0.1 percent in August, following a 1.1 percent drop in July. On a monthly basis, retail trade grew 2.9 percent in August, the most in 8 months, accelerating from a 1.1 percent rise in July.
2021-10-12
Malaysia Retail Sales Fall the Most in 14 Months
Retail trade in Malaysia slumped by 8.1 percent year-on-year in July 2021, following a 2.9 percent drop in the previous month. It was the second straight month of decline in retail sales, and the steepest contraction since May last year, amid restriction measures to contain the spread of the coronavirus. Sales decreased for automotive fuel in specialised stores (-14.1 percent), other goods in specialised stores (-11.1 percent), and retail sales in non-specialised stores (-10.8 percent). Also, sales of motor vehicles dropped 88.2 percent, after a 92.4 percent plunge in the prior month. At the same time, wholesale trade also declined by 4.0 percent in July, following a 0.5 percent fall in June. On a monthly basis, retail trade rose 1.1 percent in July, recovering from a 6.4 percent decrease in June.
2021-09-10