Saudi consumer spending holds above $3.5bn as back-to-school boost fades
- Saudi Arabia's consumer spending remained above $3.5 billion in the week ending Sept. 12, despite a 12.9% decline from the prior week due to easing back-to-school expenditures.
- Point-of-sale transactions reached SR13.79 billion ($3.68 billion), with a 4.8% decrease in transaction counts to 254.91 million, according to Saudi Central Bank data.
