Saudi Arabia sees $3.36B in weekly POS spending
The article discusses the decline in consumer spending at points of sale in Saudi Arabia over the past week, which dropped to $3.36 billion, a decrease of 6.8% compared to the previous week. The number of transactions also declined to 246.42 million. Despite this, the food and beverage sector remained the top spender, with expenditures reaching $592 million, followed by restaurants and cafes, then fuel stations. Most sectors experienced a decrease in spending, while some areas, such as Jeddah, saw a decline of 7.2%. The reduction appears to reflect economic influences and shifts in consumer behavior within the Kingdom.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)