Consumers forecast to spend cautiously this year
The Star Online - Business·2024-04-08 08:05
PETALING JAYA: Consumers are anticipated to tread cautiously in terms of spending as they face escalating cost of living and economic uncertainty, with projections of a modest uptick in private consumption this year.
Kenanga Research forecasts private consumption to grow 5.8% in 2024 versus 4.7% recorded in the previous year.
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