The Institute of Strategic Analysis and Policy Research (INSAP) had conducted a series of face-to-face interviews in selected constituencies in Selangor and Negeri Sembilan in May and June 2023.
Based on the insights gathered from 292 respondents in these states, INSAP found that nearly all participants expressed frustration regarding the state of the economy, the escalating cost of living, rising credit expenses, and the declining purchasing power. Business owners also highlighted a decline in retail transactions and footfall, raising concerns about their ability to make enough money to service loans and pay employee wages in the coming months.