Households’ debt surged to fresh high by December 2023: report

The debt levels are reckoned to have touched an all-time high of 40% of GDP by December 2023, while net financial savings had likely dropped to their lowest level at around 5% of GDP

​The debt levels are reckoned to have touched an all-time high of 40% of GDP by December 2023, while net financial savings had likely dropped to their lowest level at around 5% of GDP