Retail sales in Malaysia fall 4.4% in Q1

  • Jun 21, 2016

Retail sales in Malaysia fall 4.4% in Q1

Thursday, 9 June 2016 – KUALA LUMPUR: The Malaysian retail industry recorded a 4.4% fall sales in the first quarter of 2016 compared to a 4.6% growth a year ago, according to Retail Group Malaysia.

The fall was attributed to higher pre-GST sales a year ago, as well as weak Chinese New Year sales in February 2016.

The report was based on interviews with members of the Malaysian Retailers Association (MRA) on their retail sales performances.

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