Survey finds household debt rising

The atmosphere at a debt reconciliation fair held to assist people with borrowing and personal loans. (Photo: Apichit Jinakul)

Average household debt for workers has hit the highest level in 14 years, attributed to durable goods purchases, investment to create income and daily expenses.

However, there are signs the proportion of consumers' unorganised loans, or borrowing from loan sharks, is beginning to decrease, according to the latest survey by the University of the Thai Chamber of Commerce (UTCC).