BFM Podcast

Malaysian Consumer Sector Staying in Neutral

Tan KW
Publish date: Mon, 22 Apr 2024, 12:16 PM
Malaysian Consumer Sector Staying in Neutral

22-Apr-24 09:15

Genevieve Ng Pei Fen, Consumer & Glove Analyst, MIDF Investment Bank

Although unemployment remains low, consumer sentiment has been weighed down by rising cost of living pressures and the weak Ringgit. As for consumer companies, the sharp rise in input cost from fuel to more expensive commodities like cocoa and sugar have meant that margin compression is a concern. We speak to Genevieve Ng, Consumer & glove analyst at MIDF Investment Bank for an outlook on the consumer sector and what the top buys are.

Image Credit: Shutterstock.com

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