Pantheon Macroeconomics

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12th Jun 2023 08:59Emerging Asia, Daily Monitor

  • Malaysian retail sales growth fell more sharply in April, to 12.9% year-over-year, from 17.7% in March.
  • Unhelpful base effects from Covid-era loosening distorted the print, masking a jump in sales.
  • Consumers appear resilient, for now, but signs of a further growth moderation are building.

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Keywords for: 13 June 2023 Emerging Asia Monitor

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