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FT Confidential Research

Ballooning household debt will slow Thailand's growth

Strapped consumers struggle to make payments and get new loans

Thai baht banknotes are seen next to gold offered for sale in a gold shop in Bangkok's Chinatown   © Reuters

Consumer borrowing is accelerating significantly in Thailand and around a quarter of consumers are having trouble making repayments on their debts, with credit cards and car loans the main areas of concern, according to an FT Confidential Research survey.

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