Money and business

668.3 billion riyals of consumer spending through points of sale in Saudi Arabia during 2024

As the sales season approaches, and November and December offers, Consumption value in purchasing various products, which is reflected in the movement of the Kingdom’s local economy.
In this regard, “Al-Youm” monitored the total value of point-of-sale sales “consumer spending” in Saudi Arabia during the past year 2024.

Saudi Central Bank data

It showed data issued by Central Bank of Saudi Arabia "Sama"The total consumer spending during the past year amounted to about 668.3 billion riyals.

The value of point-of-sale operations in January 2024 (consumer spending) amounted to 53.8 billion riyals, while in February it amounted to 53.7 billion riyals.

According to the data, the value of Point of sale operations (consumer spending) in March of last year amounted to 59.7 billion riyals, while in April it amounted to 53 billion riyals.

The data revealed that the total value of point of sale operations (consumer spending) in the month of May 2024 amounted to 56.5 billion riyals, while in June of last year it amounted to 52.8 billion riyals.

The data issued by "Sama" The total value of point-of-sale operations (consumer spending) in the month of July amounted to 54.1 billion riyals, while in August of last year it amounted to 58.5 billion riyals.

The total value of point-of-sale operations (consumer spending) in Saudi Arabia during the month of September last amounted to 54.9 billion riyals, while in October of last year it reached 55.7 billion riyals.

And in November of last year, the total value of point-of-sale operations (consumer spending) amounted to about 56.5 billion riyals, while the value of point-of-sale sales in December 2024 amounted to about 59.1 billion riyals

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