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Analysts foresee Malaysia's strong consumer spending growth to persist

NAMPA / Xinhua
2026-01-29
KUALA LUMPUR, Jan. 29 (Xinhua) -- Analysts have foreseen Malaysia's strong consumer spending growth to persist over the year, underpinned by strong economic growth and a stable employment outlook. BMI, a unit of Fitch Solutions, said in a note on Wednesday that it forecasts household spending in Malaysia to grow by 4.1 percent year-on-year in real terms over 2026, to a value of 975.3 billion ringgit (247.92 billion U.S. dollars), which is well......
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