Saudi consumer spending holds above $3bn as jewelry sector sees rise
- Jewelry spending surged by 19.6% to SR427.61 million, even as the number of overall transactions decreased by 0.9%.
- Weekly consumer spending across various sectors has steadily declined over the month, falling by approximately 28.6% from SR16.51 billion in early October.
- Spending on food and beverages decreased by 9.6% to SR2.01 billion, while restaurant and cafe expenditures fell by 4.6% to SR1.57 billion.
