Consumer spending in Saudi Arabia rose by 13.4 per cent annually in June as the Arab world’s largest economy continues to recover from the impact of the Covid-19 pandemic.
Cash withdrawals, as well as point-of-sale (POS) transactions, climbed 1 per cent and 19 per cent, respectively, during the month, according to a report by Riyadh-based Jadwa Investment.
“Most sectors saw annual rises, while ’jewellery’, ’furniture’ and…
