CNY wholesalers worry inflation will affect purchasing power
TRADERS hoping to cash in on the Chinese New Year buying spree are careful not to stock up too much as inflation bites and consumers tighten their purse strings.
Kuala Lumpur Fruits Wholesalers’ Association president Chin Nyuk Moy summed up the situation when he said: “If we buy too much, we will end up losing money if consumers cut their spending”. Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!
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