Saudi Arabia’s consumer spending stayed above $3 billion in the week ended Oct. 24, according to official data from the Saudi Central Bank, known as SAMA.
Point-of-sale transactions totaled SR11.78 billion ($3.14 billion) during the seven-day period, a decline of 6.5 percent from the previous week. The number of transactions fell 7 percent to 229.12 million.
Spending on jewelry jumped 19.6 percent, with outlays in the category reaching SR427.61 million.