While business and consumer sentiment in Malaysia showed signs of recovery in the fourth quarter of 2023 (4Q23), both continued to have a guarded outlook on the economy ahead, according to a local think-tank.
ExplainSpeaking looks at the caste-wise data on two broad counts employment and consumer sentiments sourced from Centre for Monitoring Indian Economy’s (CMIE) Economic Outlook.
Amid the global geopolitical tensions and rising oil prices, Malaysia’s transition into the endemic phase and the re-opening of international borders are shoring up consumer sentiment.