A post by @FirstSquawk on X.

Thailand’s central bank minutes flagged elevated household debt as a continuing drag on private consumption. The Bank of Thailand discussion points to household leverage restraining consumer spending even as other parts of the economy evolve. The minutes did not disclose a new debt figure or policy rate change in the headline. The issue matters because private consumption is a key growth engine for Thailand’s economy. Watch for the central bank’s next policy meeting and any updated household debt-to-GDP data for signals on consumption and credit conditions.