Divergence in business, consumer loan trends: is it worrying?
Some economists say it is but others say it isn't, pointing out that consumer loans have been stable, not spiking
Singapore
THE gap between business and consumer loans growth may be widening, but economists are split on just how worrying the trend actually is.
To DBS economist Irvin Seah, the growing divergence should be a wake-up call for consumers; he believes households should stop being "complacent" and avoid leveraging up any further.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Economy & Policy
NTUC aims to do more to support PMEs, who now account for nearly half its membership
Daily Debrief: What Happened Today (Apr 25)
Singapore’s inflation eases more than expected in March, with headline inflation at 2.5-year low
8 in 10 firms in S-E Asia, Greater China positive about business environment: UOB survey
Flexi-work request guidelines not meant to prescribe blanket outcomes for employers or influence hiring of workforce: SNEF
Daily Debrief: What Happened Today (Apr 23)