Saudi consumer spending stays above $3bn as education transactions halve

Arab News · 23‏/10‏/2026، 9:17:03 ص

RIYADH: Saudi Arabia’s consumer spending stayed above $3 billion in the week ending Oct. 17, but fell sharply from the previous week as education-related transactions roughly halved, official data showed. The Kingdom’s point-of-sale transactions totaled SR12.60 billion ($3.36 billion), down 6.8 percent from the previous seven days, while the number of transactions fell 2.7 percent to 246.42 million, according to data released by the Saudi Central Bank, also known as SAMA. Education-related spe