KUALA LUMPUR, April 9 -- Malaysians will still continue to shop and buy amid the ongoing Iran war, but with different spending patterns as they opt for cheaper choices when prices go up, the local retail sector said.
Malaysia Retailers Association (MRA) said prices will likely increase due to the tensions in the Middle East, but told Malaysians that they do not need to "panic buy".
"The real impact will likely be felt in the next two to three months as existing inventories are gradually depleted.
"We expect grocery prices to trend higher, as suppliers have already indicated upcoming price increases driven by rising logistics costs, packaging costs and potential fuel shortages," MRA told Malay Mail when contacted before the US and Iran ...
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