• 30 Jul 2018

BMCC Sector Report 2018/2019: Retail

Malaysia’s overall retail sales are expected to perform better than projected in 2018, with a growth of 6% compared to 2017’s meagre growth of 3.7%. The ringgit is anticipated to return to a steady level by the end of 2018, on the back of more balanced flows that would also sustain economic growth, and is expected to boost the overall retail sales. The ringgit, which had depreciated drastically in late 2016-2017 before a slight improvement in late 2017, has a major effect on shopping habits of Malaysian consumers.

Disclaimer: Whilst some of the information contained in this report may no longer reflect the ambitions of the current Malaysian government, all data compiled and portrayed have been done to the best of knowledge at the time of preparation

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