The point-of-sale (POS) transactions rose by 12% to SAR 6.74 billion in the week ending August 15, 2020, from SAR 6.04 billion in the previous week, data issued by the Saudi Arabian Monetary Authority (SAMA) showed.
Data showed that a total of 61.1 million transactions were processed in the week ending August 15.
|
Weekly POS Transactions |
|||
|
Week |
No. of transactions (‘000) |
Transactions’ value (SAR mln) |
Variation in Value |
|
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 07-13 |
48,209 |
7,295.8 |
(7 %) |
|
June 14-20 |
46,704 |
7,261.2 |
(0.5 %) |
|
June 21-27 |
53,786 |
9,191.3 |
+27% |
|
June 28 - July 4 |
62,811 |
10,467.1 |
+14% |
|
July 5-11 |
58,929 |
6,704.6 |
(36 %) |
|
July 12-18 |
57,092 |
6,529.7 |
(3%) |
|
July 19-25 |
57,513 |
6,803.0 |
+4% |
|
July 26 – Aug. 1 |
68,315 |
8,196.8 |
+20% |
|
Aug. 2-8 |
57,243 |
6,038.2 |
(26 %) |
|
Aug. 9-15 |
61,057 |
6,738.2 |
+12% |
The POS sales of the majority of sectors rose during the week ending Aug. 15, led by the education sector which grew by about 440%, followed by transport and construction materials sectors which saw 37% and 32% increase, respectively.
Hotels sector saw the sharpest decline during the week ending Aug. 15, falling by almost 6% followed by restaurants & cafes sector which fell by 3%.
Consumer spending focused on food & beverages sector during the same week, valued at nearly SAR 1.1 billion, followed by restaurants and cafes sector with SAR 900 million and the healthcare sector with SAR 637.3 million.
|
POS Transactions by Sector in week ending Aug. 15, 2020 (SAR mln) |
|||
|
Sector |
Transactions’ value Ending Aug. 8 |
Transactions’ value Ending Aug. 15 |
Weekly variation |
|
Education |
13.8 |
74.9 |
+440.5% |
|
Transport |
293.2 |
402.5 |
+37.3% |
|
Construction materials |
250.0 |
328.9 |
+31.6% |
|
Miscellaneous goods & services |
401.7 |
520.2 |
+29.5% |
|
Healthcare |
501.9 |
637.3 |
+27.0% |
|
Telecommunications |
39.1 |
49.6 |
+26.8% |
|
Furniture |
212.3 |
259.1 |
+22.0% |
|
Public Utilities |
56.2 |
66.5 |
+18.4% |
|
Electronics and electric appliances |
210.5 |
241.9 |
+14.9% |
|
Fuel stations |
250.2 |
272.8 |
+9.0% |
|
Food & Beverages |
1049.8 |
1093.4 |
+4.1% |
|
Recreation & Culture |
201.8 |
202.0 |
+0.1% |
|
Clothes and footwear |
487.7 |
478.2 |
(1.9%) |
|
Jewelry |
163.3 |
158.6 |
(2.9%) |
|
Restaurants & Cafes |
929.4 |
899.8 |
(3.2%) |
|
Hotels |
158.8 |
149.1 |
(6.1%) |
|
Other |
818.4 |
903.4 |
+10.4% |
|
Total |
6,038.2 |
6,738.2 |
+11.6% |
Riyadh topped the POS transactions by cities in terms of value with SAR 2.1 billion, representing 31% of the total sales. Jeddah came second with over SAR 1.1 billion.
|
POS Transactions by City in week ending Aug. 15, 2020 (SAR mln) |
|||
|
City |
Transactions’ value Week ending Aug. 8 |
Transactions’ value Week ending Aug. 15 |
Weekly variation |
|
Riyadh |
1749.0 |
2090.2 |
+19.5% |
|
Jeddah |
995.9 |
1126.3 |
+13.1% |
|
Dammam |
309.1 |
366.4 |
+18.5% |
|
Madinah |
225.5 |
240.1 |
+6.5% |
|
Al Khobar |
232.6 |
252.2 |
+8.4% |
|
Buraydah |
168.0 |
181.8 |
+8.2% |
|
Makkah |
169.3 |
184.1 |
+8.7% |
|
Abha |
133.8 |
144.0 |
+7.6% |
|
Hail |
101.6 |
107.7 |
+6.0% |
|
Tabuk |
92.9 |
108.5 |
+16.9% |
|
Other cities |
1,860.5 |
1,936.7 |
+4.1% |
|
Total |
6,038.2 |
6,738.2 |
+11.6% |
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