Saudi consumer spending at $3.4bn as furniture sales rise

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RIYADH: Saudi Arabia’s consumer spending settled at $3.44 billion in the week ending Sept. 19, boosted by a jump in furniture and home supplies transactions even as most other sectors pulled back, official data showed. The Kingdom’s point-of-sale transaction value totaled SR12.92 billion ($3.44 billion) during the monitored week, down 6.3 percent from the previous week, while the number of transactions fell 5.4…