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Saudi POS spending hits 12.6B riyals
Saudi Arabia experienced an increase in consumer spending at points of sale during the past week, reaching 12.60 billion riyals, a 1.9% rise compared to the previous week. Despite this, the number of transactions decreased by 1.1%, totaling 224.31 million transactions. Spending was primarily focused on the food and beverage sector, restaurants, clothing, and transportation. Riyadh led the spending volume with 4.49 billion riyals, followed by Jeddah with 1.75 billion riyals.
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