Malaysia's consumer sentiment at new low, current income falls

AllianceDBS Research chief economist Manokaran Mottain(pic) expected prolonged depressed consumer sentiment to lower consumption, which could, in turn, dampen the country

PETALING JAYA: The consumer sentiment index (CSI) has fallen to a new low of 70.2 in the third quarter as current income deteriorates, according to the Malaysian Institute of Economic Research (Mier).

Consumer confidence slipped further than the 71.7 points recorded in the second quarter.