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.