KUALA LUMPUR, Feb 12 — Malaysia’s full-year wholesale and retail trade sales surged to a record high of RM1.77 trillion in 2024, after recording RM152.2 billion in December, a 5.5 per cent rise year-on-year (y-o-y), said the Statistics Department (DOSM).

KUALA LUMPUR, March 13 — Retail trade is expected to expand by 7.5 per cent this year, with steady momentum of domestic demand likely to continue, said MIDF Research.

KUALA LUMPUR, Feb 8 — Domestic demand is predicted to remain strong in 2024, thanks to a robust labour market, stable income growth, a rise in tourism activities, and favourable economic policies, according to MIDF Research.

KUALA LUMPUR, Jan 11 — MIDF Research expects Malaysia’s retail trade to expand by 7.5 per cent in 2024 on the back of resilient consumer demand amid a healthy labour market and softening inflation pressure.

KUALA LUMPUR, Aug 9 — MIDF Research has maintained its forecast on Malaysia’s retail trade growth at 15.3 per cent in 2023, as domestic demand continues its upbeat momentum.

KUALA LUMPUR, April 11 — MIDF Research is optimistic that 2023’s retail trade growth will be able to touch +8.9 per cent, considering the macroeconomic outlook and improving domestic fundamentals.

KUALA LUMPUR, March 13 — Malaysia’s retail trade growth forecast will be able to touch 8.9 per cent for 2023 driven by the pent-up demand for the year underpinned by improving labour market, stable inflationary pressure, accommodative economic policies and an uptick in the tourism industry, MIDF Research said.

KUALA LUMPUR, Feb 8 — MIDF Research is optimistic that retail trade growth will average 8.9 per cent this year in view of the macroeconomic outlook and improving domestic fundamentals.

KUALA LUMPUR, Sept 12 — Malaysia’s retail trade is expected to grow by 17.6 per cent this year, supported by improving macro outlook and fundamentals, said MIDF Amanah Investment Bank Bhd Research (MIDF Research).

KUALA LUMPUR, May 12 — Malaysia’s wholesale and retail trade sales rose 9.8 per cent year-on-year (y-o-y) to RM123.8 billion in March 2022, the Department of Statistics Malaysia (DOSM) said.

KUALA LUMPUR, Aug 11 — Malaysia’s wholesale and retail trade sales tumbled 10.3 per cent year-on-year (y-o-y) to RM92.2 billion in June, according to the Department of Statistics Malaysia (DOSM).

KUALA LUMPUR, June 11 — Malaysia’s wholesale and retail trade surged 66.2 per cent year-on-year (y-o-y) to RM111.1 billion in April 2021 from 36.6 per cent in April 2020, said the Department of Statistics Malaysia (DoSM).

KUALA LUMPUR, May 7 — The services sector revenue contracted by 2.1 per cent year-on-year (y-o-y) to RM428.5 billion in the first quarter of 2021 (Q1 2021), said the Department of Statistics Malaysia (DoSM).

KUALA LUMPUR, May 7 — Wholesale and retail trade rose 9.3 per cent to RM112.8 billion in March 2021, the first positive year-on-year (y-o-y) growth this year, the Department of Statistics Malaysia (DoSM) said.

KUALA LUMPUR, April 9 — Wholesale and retail trade eased 0.9 per cent to RM108 billion in February 2021 compared to the same period last year, said the Department of Statistics Malaysia (DoSM).