Kuala Lumpur, 12 July 2026 – Malaysia’s consumer spending is expected to moderate in the third quarter of 2026 before regaining momentum towards the end of the year, as households become more selective amid inflationary pressures and wider economic uncertainty.

CIMB Securities maintained a Neutral outlook on the consumer sector, noting that much of this year’s festive-related spending had already been brought forward into the first quarter. This reduces the likelihood of a similarly strong spending pattern in the months ahead.

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Bernard Lee

Bernard is a social activist dedicated to championing community empowerment, equality, and social justice. With a strong voice on issues affecting grassroots communities, he brings insightful perspectives shaped by on-the-ground advocacy and public engagement. As a columnist for The Ledger Asia, Bernard writes thought-provoking pieces that challenge norms, highlight untold stories, and inspire conversations aimed at building a more inclusive and equitable society.