Saudi consumer spending stays above $3bn as food and beverages sector leads
- The food and beverages sector led consumer spending with transactions amounting to SR2.29 billion, despite a 22.9% decline from the previous week.
- Total point-of-sale transactions decreased by 18.1% week on week, with the number of transactions falling by 7.5% to 253.35 million.
- Weekly spending above $3 billion indicates sustained consumer confidence and an ongoing shift towards digital payments as part of Vision 2030 reforms.
