Retail sales index in Malaysia, July, 2020
For that indicator, we provide data for Malaysia from January 2015 to July 2020. The average value for Malaysia during that period was 118.39 index points with a minimum of 74.6 index points in April 2020 and a maximum of 149.6 index points in December 2019.
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* indicates monthly or quarterly data series
Measure: index points
Source: Department of Statistics Malaysia
Definition: The retail sales index is an aggregated measure of the sales of retail goods over a stated period. Because retail sales are a measure of consumer demand for finished goods, they are a leading macroeconomic indicator of the pulse of an economy and its projected path toward expansion or contraction. The retail sales index measures only the volume changes, i.e. price level changes are excluded.