PETALING JAYA: There will be continued downward pressure on distributive trade and retail spending, said AmBank Research.
In its report, the research house said distributive trade figures fell for the second month in a row, down 1.2% year-on-year in November which is the fastest contraction since August, said AmBank Research.
It had been impacted by the selective restrictive measures taken to contain the spread of the virus.
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