Consumer product counters to benefit from higher wages

BIMB Securities Research said higher wages are likely to prompt consumers to consider opting for premium products within the same range.

PETALING JAYA: The food and beverage (F&B) segment of the consumer sector is expected to benefit from an anticipated increase in disposable income, with consumers diversifying their purchases.

Higher wages are likely to prompt consumers to consider opting for premium products within the same range, according to BIMB Securities Research.