MIDF optimistic retail trade growth to average 8.9% this year

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MIDF Research is optimistic that retail trade growth will average 8.9% this year, in view of the macroeconomic outlook and improving domestic fundamentals.

MIDF Research 乐观地认为,鉴于宏观经济前景和国内基本面的改善,今年零售贸易平均增长 8.9%

 

The research house said pent-up demand will continue underpinned by an improving labour market, stable inflationary pressure, accommodative economic policies and an uptick in the tourism industry.

该研究机构表示,被压抑的需求将继续受到劳动力市场改善、通胀压力稳定、宽松的经济政策和旅游业回暖的支撑。

 

“Even though the overnight policy rate (OPR) is closer to a normalised rate of 3.00%, it would have minimal effect on [the] domestic spending outlook,” it said in a note on 8th February.

即使隔夜政策利率 (OPR) 接近 3.00% 的正常化利率,它对国内支出前景的影响微乎其微,它在2 8 日的一份报告中表示。

 

MIDF Research said despite inflationary pressure, Malaysia’s consumer spending remained resilient, as seen in motor vehicle sales and retail trade.

MIDF Research 表示,尽管存在通胀压力,但大马的消费者支出仍然保持弹性,这在汽车销售和零售贸易中可见一斑。

 

The upbeat momentum of sales on a yearly and monthly basis proves that Malaysia’s consumer demand is “still intact and robust”.

每年和每月销售的乐观势头证明马来西亚的消费需求仍然完好且强劲

 

“Apart from stable inflation and a steady job market, we foresee the revival of tourism activity is set to support Malaysia’s retail trade spending in 2023,” it said.

除了稳定的通胀和稳定的就业市场,我们预计旅游活动的复苏将在 2023 年支持马来西亚的零售贸易支出,它说。

 

In particular, MIDF said China and Japan’s reopening will benefit Asean tourism, including Malaysia’s.

MIDF 特别指出,中国和日本的重新开放将有利于包括马来西亚在内的东盟旅游业。

 

With the re-tabling of Budget 2023, cash assistance, bonuses and local spending incentives will boost further consumer confidence and demand this year, it said.

它表示,随着 2023 年预算的重新制定,现金援助、奖金和地方支出激励措施将进一步提振今年的消费者信心和需求。

 

Earlier, the Department of Statistics Malaysia (DOSM) said Malaysia’s volume index of the wholesale and retail trade registered a 9.9% growth year-on-year in the fourth quarter of 2022, bringing the overall performance for 2022 to 14.3%.

早些时候,马来西亚统计局(DOSM)表示,马来西亚的批发和零售贸易量指数在 2022 年第四季同比增长 9.9%,使 2022 年的整体表现达到 14.3%