Retail trade in Malaysia jumped 20.9 percent year-on-year in April 2022, accelerating sharply from a 10.8 percent gain in the previous month. It was the seventh straight month of increase in retail sales, and the strongest growth since April 2021, amid lifting Covid-19 restrictions. Sales grew for trade not in stores, stalls or markets (28.6 percent), retail sale in non-specialized stores (26.4 percent), and retail sale of automotive fuel in specialised stores (11.2%). Also, wholesale trade rose 11.5 percent in March, following an 8.6 percent gain in the previous months. Meanwhile, sales of motor vehicles climbed 11.3 percent, after a 11.1 percent rise in the prior month. On a monthly basis, retail trade advanced 7.4 percent in April, the most since June 2020, accelerating strongly from a 2.2 percent growth a month earlier. source: Department of Statistics, Malaysia
Retail Sales Yoy in Malaysia averaged 7.71 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 June 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.