Consumer spending in Saudi Arabia increased by 1%, reaching <strong>150.1 billion Saudi Riyals</strong> in March 2026, compared to <strong>148 billion Riyals</strong> in the same month last year. According to data from the Saudi Central Bank, point of sale transactions also saw a significant rise.
New data reveals that consumer confidence in the United States has seen a slight increase despite significant rises in gasoline prices. This improvement comes as the American economy faces multiple challenges.
New data from the Conference Board reveals that consumer confidence in the United States rose to <strong>92.8</strong> in April, up from <strong>92.2</strong> in March. This increase surpassed expectations, which had predicted a reading of <strong>89</strong>.
Reports indicate that rising oil prices are directly affecting consumer spending and confidence in global markets. This change raises questions about how these factors will impact the global economy.
Reports from Sing Buri province in Thailand indicate that fuel shortages and rising prices have caused chaos in logistics services for retailers and wholesalers. This situation raises concerns about a potential decline in shopper activity during the Songkran Festival in April.