Fitch: Private consumption to remain strong

Malaysia Retail Chain Association (MRCA) president Datuk Liaw Choon Liang (inset top lrft) said the local retail sector was cyclical and should

PETALING JAYA: While Malaysia’s private consumption may lose some steam this year, it will remain strong and largely unaffected by the broader economic slowdown, according to Fitch Solutions.

The research house forecast real private consumption growth to slow in 2019 as consumption declined from its high base in 2018.