Recent Study: Malaysia Food & Drink Report Q3 2014
We hold an optimistic view on the Malaysian consumer through to 2018, with current conditions particularly buoyant. Our country risk team believes that real private consumption growth will come in at 7.0% in 2014 on the back of 4.4% real GDP growth. BMI holds the view that such strong consumer expenditure growth will be fuelled by cash handouts and increased welfare spending by the government. Despite mounting concerns about fuel price hikes, we believe declining global grain prices, subdued money...
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