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Retail

Malaysia's retail growth slashes to 2.7% in 2023

KUALA LUMPUR: Retail Group Malaysia (RGM) has revised downwards Malaysia's annual retail industry growth rate for 2023 to 2.7% from 4.8%.

“The second quarter growth rate was -4.0% instead of 2.6% estimated three months ago. This unexpected final result was a downward revision by 254%.

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RGM , retail , sales , inflation , Retail Group Malaysia

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