RIYADH: Saudi Arabia’s point-of-sales spending reached around SR52.76 billion ($14.05 billion) in June, registering a 1.75 percent rise compared to the same month last year, the latest data revealed.
Figures from the Saudi Central Bank, known as SAMA, reported that 30 percent of POS spending during this period — amounting to SR15.73 billion — was allocated to beverages, food, restaurants and cafes, reflecting a 0.32 percent increase.
An additional 13 percent, or SR6.77 billion, was spent on miscellaneous goods and services, including personal care, supplies, maintenance and…
