Does Budget 2023 Benefit Consumer Stocks?

Syifaa' Mahsuri Ismail, Equity Analyst, Hong Leong Investment Bank

13-Oct-22 09:15

Does Budget 2023 Benefit Consumer Stocks?

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Budget 2023 is expected to put more disposable income in the pockets of largely the B40 and also the M40, with cuts in income tax, cash handouts and e-wallet credits. But how much upside will this give the retail sector, given higher interest rates, inflationary pressures and the uncertainty of elections? We get analysis from Syifaa' Mahsuri Ismail from Hong Leong Investment Bank.

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Produced by: Chong Tjen San

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Categories: economy, markets

Tags: m40 community, inflationary pressures, budget 2023, budget 2023 mahsing, belanjawan 2023, b40 community, retail sector,

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