Spending loss steam as 2H26 leans on labour and tourism
Distributive trade sales eased for the third straight month to 9.0% YoY in July (Jun: 10.1%), the slowest pace in five months
- MoM (1.2%; Jun: -1.6%): Rebounded after two straight months of contraction, signalling a pick up in spending during the month.
- Sales value (RM170.5b; Jun: RM168.5b): Rose to a two-month high and remained above the year-to-date monthly average of RM167.2b.
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