Malaysia Food and Drink Report Q1 2015

Business Monitor International
November 5, 2014
115 Pages - SKU: BMI5372071
Countries covered: Malaysia

Malaysia Food and Drink Report Q1 2015

The Malaysian economy's strong real GDP growth during 2014, which we forecast reaching 4.4% for thefull-year, was driven by strong exports and increased domestic consumption. Proposed changes to thecountry's fuel subsidy scheme and the introduction in April 2015 of a 6% goods and services tax (GST) arelikely to produce a slowdown in domestic consumption. However, these changes will have a positive impacton long-term fiscal discipline by reducing expenditure and increasing government revenue. BMI maintainsits view that, across the forecast period, inflation should remain manageable and continued strong real GDPgrowth is to be expected.

Headline Industry Data

2014 total food consumption sales growth (local currency): +3.0%; compound annual growth rate(CAGR) 2013-2018: +3.1%.



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