Ramadan spending in Saudi Arabia up 14% so far this year; 1 in 2 people plan to spend more

Consumer spending in Saudi Arabia during Ramadan 2022 is on course to exceed last year as the Kingdom bounces back from the COVID-19 pandemic, new data shows.

Saudi central bank data analysed by Arab News, shows that, including the Shaaban peak week and the following two weeks, Saudi consumers spent SR33.7 billion this year, up 13.7 percent when compared to the same period last year.

READ MORE : https://www.arabnews.com/node/2070331/business-economy