Dent in Malaysians' spending


PETALING JAYA: Consumer spending risks falling off a cliff as more Malaysians are retrenched or undertake pay cuts, according to experts.

The biggest hit on purchasing power will be felt by the bottom 40% (B40) group, and to an extent, the middle 40% (M40) population.

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Malaysia , consumer , spending , retrenched , pay cut , purchasing ,

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