Malaysia: Retail sales Y-on-Y
* indicates monthly or quarterly data series
The most recent value is 4.55 percent as of July 2024, a decline compared to the previous value of 6.29 percent. Historically, the average for Malaysia from January 2016 to July 2024 is 7.35 percent. The minimum of -35.98 percent was recorded in April 2020, while the maximum of 63.32 percent was reached in April 2021.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Department of Statistics Malaysia
| Recent values | Malaysia: Retail sales Y-on-Y |
|---|---|
| 2024 Jul | 4.55 |
| 2024 Jun | 6.29 |
| 2024 May | 6.76 |
| 2024 Apr | 3.53 |
| 2024 Mar | 5.37 |
| 2024 Feb | 4.57 |
| 2024 Jan | 1.42 |
| 2023 Dec | 3.61 |
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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.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Industrial production | -0.60 | 9/2023 | percent |
| Retail sales | 174.47 | 9/2023 | index points |
| Retail sales Y-on-Y | 3.77 | 9/2023 | percent |
| House price index | 217.28 | Q3/2023 | index points |
| Real residential property prices Y-on-Y change | 1.29 | Q3/2023 | percent |
| Business confidence survey | 4.70 | Q3/2024 | points |
| Consumer confidence survey | 94.00 | Q3/2021 | points |
| Purchasing Managers Index (PMI), manufacturing | 46.80 | 9/2023 | index points |