POS transactions edge down to SAR 7.26 bln in week ending June 20

The point-of-sale (POS) transactions edged down 0.5% to SAR 7.26 billion in the week ending June 20, 2020, from SAR 7.30 billion in the previous week, data issued by the Saudi Arabian Monetary Authority (SAMA) showed.

Data showed that a total of 46.7 million transactions were processed in the week ending June 20.

Weekly POS Transactions
Week	No. of transactions (‘000)	Transactions’ value (SAR mln)	W-o-W variation
May 10 - 16	38,132	6,002.6	--
May 17- 23	41,324	6,491.3	+8%
May 24 - 30	29,082	3,253.2	(50%)
May 31 – June 6	50,281	7,854.4	+141%
June 7-13	48,209	7,295.8	(7 %)
June 14-20	46,704	7,261.2	(0.5 %)

The POS sales of major sectors were mixed in the week ending June 20, with the education sector recording the biggest drop of 34% in transactions value. It was followed by the recreation and culture sector with (-9%) and telecommunications (-7%).

Jewelry was the top riser with an increase of 11%, followed by construction materials (+7%).

Consumer spending focused on food & beverages sector in the week ending June 20, valued at nearly SAR 1.13 billion, followed by construction materials with SAR 642.6 million and transportation with SAR 568.5 million.

POS Transactions by Sector in week ending June 20, 2020 (SAR mln)
Sector	Transactions’ value Week ending June 13	Transactions’ value Week ending June 20	Weekly variation
Education	83.71	55.62	(33.6%)
Recreation & Culture	249.40	227.96	(8.6%)
Telecommunications	68.36	63.49	(7.1%)
Food & Beverages	1,199.52	1,132.53	(5.6%)
Healthcare	587.29	559.15	(4.8%)
Miscellaneous goods & services	545.93	525.96	(3.7%)
Restaurants & Cafes	554.64	534.43	(3.6%)
Transport	566.40	568.47	+0.4%
Fuel stations	135.17	137.34	+1.6%
Clothes and footwear	383.82	392.91	+2.4%
Public Utilities	76.50	78.60	+2.7%
Electronics and electric appliances	440.34	455.69	+3.5%
Hotels	48.96	51.28	+4.7%
Furniture	395.10	417.10	+5.6%
Construction materials	599.32	642.62	+7.2%
Jewelry	335.82	373.35	+11.2%
Other	1,025.56	1,044.77	+1.9%
Total	7,295.83	7,261.24	(0.5%)

Riyadh topped the POS transactions in terms of value with SAR 2.18 billion, representing 30% of the total sales. Jeddah came second with over SAR 1 billion.

POS Transactions by Cities in week ending June 20, 2020 (SAR mln)
City	Transactions’ value Week ending June 13	Transactions’ value Week ending June 20	Weekly variation
Riyadh	2,170.4	2,178.5	+0.4%
Jeddah	983.7	1,004.9	+2.2%
Dammam	453.2	458.4	+1.1%
Madinah	273.0	274.3	+0.5%
Al Khobar	263.5	265.0	+0.6%
Buraydah	229.1	223.2	(2.6%)
Makkah	204.2	187.7	(8.1%)
Tabuk	137.0	131.2	(4.2%)
Hail	134.8	129.6	(3.8%)
Abha	116.4	121.9	+4.7%
Other cities	2,330.6	2,286.6	(1.9%)
Total	7,295.8	7,261.2	(0.5%)

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