On an uptrend


Loan application form paper with money coin and loan house model on table, Loan business finance economy commercial real estate investments. Home loan concept.

PETALING JAYA: Household debt is anticipated to rise next year but economists say this is not a concern as the right indicator should be the household debt-to-gross domestic product (GDP) ratio which provides an accurate reflection of household indebtedness.

With nominal GDP expected to outpace household debt growth, experts expect household debt-to-GDP ratio to be lower next year compared with this year.

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