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Saudi consumer spending holds above $3bn as jewelry sector sees rise

Saudi Arabia’s consumer spending remained above $3 billion in the week ended Oct. 24, with outlays on jewelry jumping 19.6 percent, official data showed. The Kingdom’s point-of-sale transactions totaled SR11.78 billion ($3.14 billion) during the seven-day period, down 6.5 percent from the previous week, while the number of transactions fell…

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Click here to read the full story: Arab News

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