Retail trade in Malaysia dropped 2.3 percent year-on-year in November 2020, the most since July, after a 1.5 percent fall in the previous month. Sales declined for automotive fuels (-14.6 percent), other goods in specialised stores (-6.2 percent) and cultural and recreation goods (-5.1 percent). Also, wholesale trade continued to decrease (-0.7 percent vs -0.9 percent in October). Meanwhile, sales of motor vehicles increased less (1.2 percent vs 2.2 percent). On a monthly basis, retail trade was up 1.4 percent in November. source: Department of Statistics, Malaysia
Retail Sales Yoy in Malaysia averaged 7.81 percent from 2013 until 2020, 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 January of 2021.
Retail Sales Yoy in Malaysia is expected to be 5.50 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 3.50 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.