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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