MIDF Research said there would be a shift in consumption patterns favouring essential goods over discretionary items.
PETALING JAYA: Spending priorities among consumers are expected to impact the outlook of consumer stocks, with stocks offering staples having more traction over consumer discretionary stocks.
Analysts expected a “muted” outlook overall for consumer stocks on signs of a moderation in consumer spending habits from the April retail trade data after the first quarter ended March 31, 2025 (1Q25) financial results largely met expectations.
