Saudi consumer spending reaches 13.37B Riyals
Consumer spending in Saudi Arabia via point-of-sale transactions increased by 3.5% during the week from September 20 to 26, reaching 13.37 billion riyals compared to 12.92 billion riyals in the previous week. This reflects a rise in consumer activity. Additionally, the number of transactions grew by 1%, totaling 243.59 million transactions, with a greater focus on the food and beverage, restaurants and cafes, apparel, fuel stations, and transportation sectors, marked by notable increases in both spending and transaction volumes. Riyadh led in total expenditure with 4.69 billion riyals, followed by Jeddah with 1.85 billion riyals, with spending in both cities experiencing growth.
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