Consumer spending on uptrend

PETALING JAYA: With the reopening of international borders, consumer spending is likely to accelerate in the second quarter of this year while labour market conditions are set to improve further, says RHB Bank Bhd group chief economist and head of market research Sailesh K. Jha.(pic)

He said private consumption would be the main driver of growth in the first half of the year while private sector activity was on a recovery mode.