POS transactions fall 13% to SAR 7.33 bln in week ending Sept. 12

The point-of-sale (POS) transactions fell by 13% to SAR 7.33 billion in the week ending Sept. 12, 2020, from SAR 8.45 billion in the previous week, data issued by the Saudi Arabian Monetary Authority (SAMA) showed.

Data showed that a total of 67.4 million transactions were processed in the week ending Sept. 12.

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 7 - 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%
Aug. 16 - 22	58,543	6,598.1	(2%)
Aug. 23 - 29	65,156	8,548.8	+30%
Aug. 30 - Sept. 5	69,654	8,452.8	(1%)
Sept. 6 - Sept. 12	67,353	7,331.6	(13%)

Majority of the sectors witnessed a decline in POS sales during the week ending Sept. 12, led by the education sector by 57%, with sales amounting to SAR 216.1 million, followed by the recreation & culture sector by 22%, and then the hotels sector by 15%.

Consumer spending focused on food & beverages sector during the same week valued at nearly SAR 1.17 billion, followed by restaurants and cafes sector with SAR 955 million and the healthcare sector with SAR 629.8 million.

POS Transactions by Sector in week ending Sept. 12, 2020 (SAR mln)
Sector	Transactions’ value Ending Sept. 5	Transactions’ value Ending Sept. 12	Weekly variation
Education	502.7	216.1	(57%)
Recreation & Culture	362.2	283.8	(22%)
Hotels	129.8	110.9	(15%)
Clothes and footwear	557.7	478.3	(14%)
Miscellaneous goods & services	653.5	567.8	(13%)
Food & Beverages	1333.6	1174.5	(12%)
Transport	457.2	402.4	(12%)
Healthcare	701.2	629.8	(10%)
Electronics and electric appliances	328.9	300.0	(9%)
Telecommunications	78.8	71.8	(9%)
Public Utilities	83.4	76.9	(8%)
Furniture	304.1	280.0	(8%)
Jewelry	177.3	164.9	(7%)
Restaurants & Cafes	1024.3	955.0	(7%)
Construction materials	345.0	334.2	(3%)
Fuel stations	304.5	299.3	(2%)
Other	1108.7	986.1	(11%)
Total	8452.8	7331.6	(13%)

Riyadh topped the POS transactions by cities in terms of value with SAR 2.39 billion, representing 33% of the total sales. Jeddah came second with over SAR 1.2 billion.

POS Transactions by Cities in week ending Sept. 12, 2020 (SAR mln)
City	Transactions’ value Week ending Sept. 5	Transactions’ value Week ending Sept. 12	Weekly variation
Riyadh	2737.1	2386.5	(13%)
Jeddah	1400.8	1195.2	(15%)
Dammam	479.6	415.1	(13%)
Al Khobar	325.0	275.1	(15%)
Al Madinah	314.3	268.3	(15%)
Makkah	239.0	203.1	(15%)
Buraydah	218.6	195.3	(11%)
Tabuk	153.9	131.6	(15%)
Hail	134.6	116.7	(13%)
Abha	135.4	114.5	(15%)
Other cities	2314.7	2030.2	(12%)
Total	8452.8	7331.6	(13%)

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