Retail Group Malaysia Archives - Inside Retail Asia
The six-week long coronavirus lockdown is expected to slash Malaysian retail sales by 60.7 per cent this month as non-essential stores are forced to close.
Retail Group Malaysia predicts Malaysian retail sales will contract by 3.9 per cent year-on-year in the first quarter of this year.
While Malaysian retail sales have eased, overall sales are expected to increase for the year.
Malaysia retail sales for the first quarter have tumbled, expected following the introduction of GST last year.