Restaurants help POS spending stay above $3bn: SAMA
Spending through point-of-sale (POS) terminals in Saudi Arabia remained above $3 billion, supported largely by strong outlays at restaurants, according to the latest data from the Saudi Central Bank (SAMA).
Figures released by SAMA show that the food and beverage sector continued to be one of the top contributors to consumer spending, offsetting slower activity in some other retail categories. Restaurant transactions reflected sustained demand, driven by lifestyle changes, a growing dining culture, and increased tourism activity across the Kingdom.
Overall POS spending demonstrated resilience, highlighting steady consumer confidence despite global economic uncertainties. Analysts note that dining out has become a priority for many households, supported by higher disposable incomes and the expansion of cafes, international chains, and local restaurant brands.
The data also underline the broader impact of Vision 2030 reforms, which have boosted the hospitality and entertainment sectors, encouraging higher domestic consumption. Seasonal factors, promotions, and major events further contributed to elevated transaction volumes.
SAMA’s figures are closely watched as a key indicator of consumer behavior and economic momentum in Saudi Arabia, with restaurant spending continuing to play a stabilizing role in overall retail activity.
0 Comments