The point-of-sale (POS) transactions fell by 3% to SAR 6.53 billion in the week ending July 18, 2020, from SAR 6.7 billion in the previous week, data issued by the Saudi Arabian Monetary Authority (SAMA) showed.
The Kingdom imposed 15% value-added tax (VAT) as of July 1, 2020.
Data showed that a total of 57.1 million transactions were processed in the week ending July 18.
|
Weekly POS Transactions |
|||
|
Week |
No. of transactions (,000) |
Transactions’ value (SAR mln) |
Variation in value |
|
May 10 - 16 |
38132 |
6002.6 |
-- |
|
May 17- 23 |
41324 |
6491.3 |
+8% |
|
May 24 - 30 |
29082 |
3253.2 |
(50%) |
|
May 31 – June 6 |
50281 |
7854.4 |
+141% |
|
June 7-13 |
48209 |
7295.8 |
(7 %) |
|
June 14-20 |
46704 |
7261.2 |
(0.5%) |
|
June 21-27 |
53786 |
9191.3 |
+27% |
|
June 28- July 4 |
62811 |
10467.1 |
+14% |
|
July 5-11 |
58929 |
6704.6 |
(36%) |
|
July 12-18 |
57092 |
6529.7 |
(3%) |
The POS sales of major sectors dropped during the week ending July 18, with the telecom sector falling by about 8%, followed by the public utilities sector with 6%. Meanwhile, the fuel stations sector increased 8% over the same week.
Consumer spending focused on food & beverages sector in the week ending July 18, valued at nearly SAR 1.04 billion, followed by the restaurants and cafes sector with SAR 806.9 million, and the healthcare sector with SAR 630.3 million.
|
POS Transactions by Sector in week ending July 18, 2020 (SAR mln) |
|||
|
Sector |
Transactions’ value Ending July 11 |
Transactions’ value Ending July 18 |
Weekly Variation |
|
Telecommunications |
51.91 |
47.73 |
(8.1%) |
|
Public utilities |
66.86 |
63.05 |
(5.7%) |
|
Food & Beverages |
1095.52 |
1036.84 |
(5.4%) |
|
Miscellaneous goods & services |
530.51 |
503.78 |
(5.0%) |
|
Healthcare |
662.19 |
630.26 |
(4.8%) |
|
Restaurants&Cafes |
845.98 |
806.9 |
(4.6%) |
|
Recreation&Culture |
205.89 |
201.09 |
(2.3%) |
|
Transport |
376.86 |
370.17 |
(1.8%) |
|
Electronicsandelectricappliances |
238.66 |
235.88 |
(1.2%) |
|
Jewelry |
179.71 |
178.15 |
(0.9%) |
|
Clothesandfootwear |
585.77 |
581.74 |
(0.7%) |
|
Furniture |
267.61 |
271.73 |
+1.5% |
|
Hotels |
103.05 |
105.49 |
+2.4% |
|
Constructionmaterials |
303.15 |
311.27 |
+2.7% |
|
Education |
53.97 |
55.56 |
+3.0% |
|
Fuelstations |
209.86 |
225.83 |
+7.6% |
|
Other |
927.13 |
904.24 |
(2.5%) |
|
Total |
6704.61 |
6529.71 |
(2.6%) |
|
POSTransactionsbyCitiesinweekendingJuly18,2020 (SARmln) |
|||
|
City |
Transactions’value EndingJuly11 |
Transactions’value EndingJuly18 |
WeeklyVariation |
|
Riyadh |
2067.3 |
2042.4 |
(1.2%) |
|
Jeddah |
1091.1 |
1079.2 |
(1.1%) |
|
Dammam |
368.9 |
359.0 |
(2.7%) |
|
Madinah |
245.2 |
239.8 |
(2.2%) |
|
AlKhobar |
237.9 |
232.3 |
(2.4%) |
|
Buraydah |
182.9 |
176.0 |
(3.8%) |
|
Makkah |
180.7 |
175.8 |
(2.7%) |
|
Tabuk |
136.1 |
134.4 |
(1.3%) |
|
Hail |
117.5 |
111.6 |
(5.0%) |
|
Abha |
117.3 |
112.6 |
(4.0%) |
|
Othercities |
1959.7 |
1866.7 |
(4.7%) |
|
Total |
6704.6 |
6529.7 |
(2.6%) |
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}