Saudi Arabia’s consumer spending holds steady at $4.2bn

RIYADH: Saudi Arabia’s consumer spending held steady at SR15.8 billion ($4.2 billion) in the week ending Sept. 5, even as education-related transactions pulled back following the previous week’s back-to-school surge, official data showed. The Kingdom’s point-of-sale transactions edged up 0.2 percent from the previous week, while the number of transactions rose 4.8 percent to 267.75 million, according to figures from…