Saudi consumer spending stays above $3bn as food and beverages sector leads

RIYADH: Consumer spending in Saudi Arabia remained above $3 billion for the week ended Oct. 10, with point-of-sale transactions in the Kingdom totalling SR13.52 billion ($3.6 billion), official data showed. According to the latest data released by the Saudi Central Bank, also known as SAMA, the food and beverages sector led consumer spending in the Kingdom, with transactions totalling SR2.29...