• Saudi Arabia’s consumer spending up 8% to reach $30bn in Aug

    Riyadh, Saudi Arabia -- Consumer spending in Saudi Arabia grew 8 percent to SAR 115.4 billion ($30.76 billion) in August 2023, from nearly SAR 107.1 billion during the same month last year, Argaam reported. Consumer spending includes total cash withdrawals, point-of-sale (POS) transactions and e-commerce sales through "Mada". POS transactions rose 10...

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