Retail trade in Malaysia surged 56.4 percent year-on-year in April 2021, accelerating sharply from a 10.5 percent rise in the previous month. It was the second straight month increase in retail sales and the strongest growth since the series began in 2013, amid a further economic recovery and a low base effect from last year. Sales increased for other goods in specialised stores (133.5 percent), automotive fuels (120.9 percent), cultural & recreation goods (107.8 percent), and other household equipment (103.4 percent). Also, wholesale trade jumped 43 percent in April, after increasing 1.8 percent in March. At the same time, sales of motor vehicles soared 1,687.8 percent, accelerating sharply from a 40.7 percent surge in the prior month. On a monthly basis, retail trade edged down 1.5 percent in April, reversing from a 1.7 percent rise in March. source: Department of Statistics, Malaysia

Retail Sales Yoy in Malaysia averaged 8.02 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 June 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
56.40 10.50 56.40 -32.40 2013 - 2021 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
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 56.4% 10.5% 50%
2021-07-12 04:00 AM May 56.4%
2021-08-11 04:00 AM Jun
2021-09-10 04:00 AM Jul
2021-10-12 04:00 AM Aug


News Stream
Malaysia Retail Sales Growth Hits Record High
Retail trade in Malaysia surged 56.4 percent year-on-year in April 2021, accelerating sharply from a 10.5 percent rise in the previous month. It was the second straight month increase in retail sales and the strongest growth since the series began in 2013, amid a further economic recovery and a low base effect from last year. Sales increased for other goods in specialised stores (133.5 percent), automotive fuels (120.9 percent), cultural & recreation goods (107.8 percent), and other household equipment (103.4 percent). Also, wholesale trade jumped 43 percent in April, after increasing 1.8 percent in March. At the same time, sales of motor vehicles soared 1,687.8 percent, accelerating sharply from a 40.7 percent surge in the prior month. On a monthly basis, retail trade edged down 1.5 percent in April, reversing from a 1.7 percent rise in March.
2021-06-11
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