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. source: Department of Statistics, Malaysia

Retail Sales Yoy in Malaysia averaged 7.70 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 October 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
2021-07-12 04:00 AM May 17.3% 56.4% 31%
2021-08-11 04:00 AM Jun -2.9% 17.3% 11.5%
2021-09-10 04:00 AM Jul -8.1% -2.9% -1%
2021-10-12 04:00 AM Aug -7.5% -8.1% -12%
2021-11-10 04:00 AM Sep -7.5%
2021-12-10 04:00 AM Oct


News Stream
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
Malaysia Retail Sales Fall for 1st Time in 4 Months
Retail trade in Malaysia dropped by 2.9 percent year-on-year in June 2021, reversing sharply from a 17.3 percent surge in the previous month. It was the first decline in retail sales since February, amid lockdown measures to contain the spread of the coronavirus. Sales decreased for automotive fuel in specialised stores (-21.6 percent), and retail sales in non-specialised stores (-7.2 percent). Also, sales of motor vehicles plunged 92.4 percent, reversing sharply from a 71.1 percent jump in the prior month. Meanwhile, wholesale trade grew 3.6 percent in June, after soaring 30.9 percent in May. On a monthly basis, retail trade fell 6.4 percent in June, following a 2.2 percent drop in May.
2021-08-11
Malaysia Retail Sales Growth Eases in May
Retail trade in Malaysia rose 17.3 percent year-on-year in May 2021, slowing sharply from a 56.4 percent jump in the previous month, amid lockdown measures to contain the spread of the coronavirus. Sales increased for information and communication equipment (35.5 percent), cultural & recreation goods (28.0 percent), and other household equipment (32.2 percent). Also, wholesale trade grew 31.2 percent in May, after surging 43 percent in April. At the same time, sales of motor vehicles advanced 71.1 percent, easing sharply from a 1,687.8 percent jump in the prior month. On a monthly basis, retail trade went down 2.2 percent in May, following a 1.5 percent fall in April.
2021-07-12

Malaysia Last Unit Reference Previous Highest Lowest
Consumer Spending 185135.00 MYR Million Jun/21 209251.00 218143.00 56768.00
Retail Sales Yoy -7.50 percent Aug/21 -8.10 56.40 -32.40
Retail Sales Mom 2.90 percent Aug/21 1.10 30.50 -30.50