30.3% of total Saudi consumer spending occurred in Riyadh, amounting to 2.46 billion riyals.
Official figures revealed that Saudi consumer spending Through points of sale in the Kingdom, it decreased to about 8.34 billion Saudi riyals ($2.22 billion) in the period from June 16 to 22, compared to about 14.23 billion riyals in the previous week ending on June 15, by about 41.4%.
According to the weekly report of the Central Bank of Saudi Arabia, Saudi consumer spending transactions through points of sale decreased by about 27.1% during the last week ending on June 22nd, to 155.64 million transactions, compared to 213.38 million transactions in the previous week.
Saudi consumer spending by sector
And arrangement Saudi consumer spending By sector during the past week, it was as follows:
| Ranking | sector | Spending in million riyals | Number of operations in million |
| 1 | Restaurants and Cafes | 1610 | 44.02 |
| 2 | Food and drinks | 1360 | 38.75 |
| 3 | Miscellaneous goods and services | 991.67 | 18.56 |
| 4 | gas stations | 695.38 | 13.06 |
| 5 | Clothes and shoes | 483.38 | 3.60 |
Riyadh tops cities in spending by 30.3%
According to data Central Bank of Saudi Arabia, 30.3% of spending on points of sale occurred in Riyadh The total value of transactions reached 2.46 billion Saudi riyals, which represents a decrease of 46.1% compared to the previous week.
Spending in Jeddah came second, at 14.1% of the total, reaching 1.17 billion riyals, recording a negative weekly change of 37.9%.
Moreover, spending in Hail and Madinah decreased by 45.9% and 37% to reach SAR 136.5 million and SAR 360.5 million respectively.
The two cities that recorded the highest losses in POS spending were Tabuk and Dammam, with decreases of 52.6% and 47.4% respectively.
The value of transactions in Tabuk amounted to 134.5 million riyals, while in Dammam it was 367 million riyals.
Saudi consumer spending in recent weeks
According to the weekly report of the Saudi Central Bank, Saudi consumer spending in the past three weeks amounted to the following:
- About 14.23 billion riyals in the week ending June 15.
- About 13.64 billion riyals during the week ending June 8.
- About 15.22 billion riyals during the week ending June 1.
