Retail sales Y-on-Y in Malaysia, January, 2020
For that indicator, Department of Statistics Malaysia provides data for Malaysia from January 2014 to January 2020. The average value for Malaysia during that period was 8.2 percent with a minimum of -2.84 percent in January 2020 and a maximum of 13.86 percent in August 2018.
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around the world.
* indicates monthly or quarterly data series
Source: Department of Statistics Malaysia
Definition: The retail sales Y-on-Y 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.
Retail sales Y-on-Y is calculated as the percent change in the Retail sales index from the same month the previous year.
The Retail sales Y-on-Y measures only volume changes, i.e. price level changes are excluded.