PETALING JAYA: Retail sales are expected to drop significantly in the first two months following the reintroduction of the sales and services tax (SST) on Sept 1, as consumers adopt a more cautious approach to spending.
However, sales levels are expected to “return to normal” from November in conjunction with the school holidays and festive season, Retail Group Malaysia (RGM) managing director Tan Hai Hsin said.
