31.4 C
Bangkok
Thursday, May 9, 2024

Survey spells out financial stress facing householders

Banks provide financial services at Money Expo 2022. The latest survey by the University of the Thai Chamber of Commerce (UTCC) shows household debt has increased by 11.5% this year over 2022, the highest level in 15 years, with the rate expected to peak next year if the economy fails to fully recover. (Photo: Money Expo)

Household debt was found to have increased by 11.5% this year over 2022, the highest level in 15 years, with the rate expected to peak next year if the economy fails to fully recover, according to the latest survey by the University of the Thai Chamber of Commerce (UTCC).

Thanavath Phonvichai,…

Read more…

Latest Articles