MIDF Investment: Retail sector growth expected to continue until year-end

KUALA LUMPUR, Sept 14 — The domestic retail sector is expected to maintain its growth trajectory throughout the rest of this year, said MIDF Research. In a note today, the...

KUALA LUMPUR, Sept 14 — The domestic retail sector is expected to maintain its growth trajectory throughout the rest of this year, said MIDF Research.

“This is expected to encompass non-specialised stores, as well as the food and beverages , and tobacco segments in specialised stores,” it said. It also expects F&B producers to see better profit margins, driven by declining global commodities prices and previous price hikes, offsetting other cost pressures.

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