Malaysia consumption growth to slow to 5.5% in 2019, Fitch Research says

  • Economy
  • Friday, 18 Jan 2019

KUALA LUMPUR: Private consumption growth was likely in “sharp correction” last quarter, with effects continuing in 1Q and 2Q this year, Fitch Solutions Macro Research says in report.

Consumption will be supported by RM37bil one-time payment of tax refunds in 2019, tight labour market and low inflation.