Malaysian consumer confidence index up on GST


KUALA LUMPUR: The Malaysian consumer confidence index, as measured by Nielsen, slipped to 89 points in the second quarter (Q2), down from 94 in the first quarter, following the introduction of the goods and services tax (GST).

This brings the confidence back to the level achieved in Q4 last year. The country is now ranked 24th most confident country globally, the market research company said in a statement.

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