Malaysia Retail Report - Business Monitor International - Industry Reports

Malaysia Retail Report

Malaysia Retail Report - Business Monitor International - Industry Reports
Malaysia Retail Report
Published Aug 27, 2016
67 pages — Published Aug 27, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

Malaysia s rural population often occupies the lowest income bracket, reducing their spending power and consequently the amount of opportunities available to retailers in rural areas. Recent growth in per capita household spending has been disappointing. Malaysia s weak ringgit means that retailers reliant on imported goods face higher costs, and more pressure on their profit margins. The government s decision to cut fuel subsidies will have the short-term effect of increasing costs for retailers, as well as reducing the amount of disposable income available to consumers. The introduction of Goods and Services Tax has dented sales and caused confusion among the business operating in the country. ...The government s decision to cut fuel subsidies will have the short-term effect of increasing costs for retailers, as well as reducing the amount of disposable income available to consumers. The introduction of Goods and Services Tax has dented sales and caused confusion among the business operating in the country.

...BMI View: Malaysia s retail sector bore the brunt of the introduction of Goods and Sales Tax in ---- and we believe this, combined with external headwinds slowing down Malaysia s economy, will continue to weigh on consumer demand throughout the rest of ---- and into early ----. Nonetheless, rapidly rising household incomes, strong labour market as well as accommodative monetary policy will support sustained expansion of the retail sector. ...BMI View: Malaysia s retail sector bore the brunt of the introduction of Goods and Sales Tax in ---- and we believe this, combined with external headwinds slowing down Malaysia s economy, will continue to weigh on consumer demand throughout the rest of ---- and into early ----. Nonetheless, rapidly rising household incomes, strong labour market as well as accommodative monetary policy will support sustained expansion of the retail sector. ...

...During ---------, we forecast headline household spending to increase at an average rate of -.- per annum, reaching a total figure of USD---bn. Rising from a low base, education will enjoy the strongest spending growth rate, forecast at -.- . ...Rising from a low base, education will enjoy the strongest spending growth rate, forecast at -.- . On the other side of the spectrum, housing and utilities will demonstrate the weakest growth figure, forecast at -.- during ---------. During Q- ----, total retail sales in Malaysia increased by -.- (year-on-year), led by food & drink and recreation & culture categories, according to the Department of Statistics, Malaysia. ...

  
Source:
Document ID
2040-9125
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Malaysia Retail Report" Aug 27, 2016. Alacra Store. Dec 06, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Malaysia-Retail-Report-2026-923>
  
APA:
Business Monitor International - Industry Reports. (2016). Malaysia Retail Report Aug 27, 2016. New York, NY: Alacra Store. Retrieved Dec 06, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Malaysia-Retail-Report-2026-923>
  
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