Consumer spending on steady recovery

TheStar Thu, Oct 07, 2021 10:00am - 2 years View Original


Consumer sentiment will also see a sharp rebound due to pent-up demand, said RHB Research in its report. (File pic shows the Aeon Kinta City Mall.)

PETALING JAYA: Consumer spending and sentiments are on a steady recovery path as the vaccination programme progresses across the nation.

Footfall has picked up in most places and the impact of the lockdown in the third quarter (Q3) of this year would not be as severe as seen during the first mandatory control order (MCO 1.0) in 2020.

Consumer sentiment will also see a sharp rebound due to pent-up demand, said RHB Research in its report.

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