The point-of-sale (POS) transactions grew by 4% to SAR 6.8 billion in the week ending July 25, 2020, from SAR 6.5 billion in the previous week, data issued by the Saudi Arabian Monetary Authority (SAMA) showed.
Data showed that a total of 57.5 million transactions were processed in the week ending July 25.
|
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%) |
|
July 19-25 |
57513 |
6802.9 |
+4% |
The POS sales of the majority of sectors increased during the week ending July 25, with clothes and footwear on top, rising by 21%. It was followed by jewelry with 12%.
Meanwhile, four sectors saw a decrease, led by education with a 13% drop.
Consumer spending focused on food & beverages sector in the week ending July 25, valued at nearly SAR 1.05 billion, followed by the restaurants and cafes with SAR 804.4 million, and clothes & footwear with SAR 704.5 million.
|
POS Transactions by Sector in week ending July 18, 2020 (SAR mln) |
|||
|
Sector |
Transactions’ value Ending July 18 |
Transactions’ value Ending July 25 |
Weekly Variation |
|
Clothes and footwear |
581.74 |
704.51 |
+21.1% |
|
Jewellery |
178.15 |
199.06 |
+11.7% |
|
Miscellaneous goods & services |
503.78 |
542.37 |
+7.7% |
|
Fuel stations |
225.83 |
232.05 |
+2.8% |
|
Transport |
370.17 |
377.55 |
+2.0% |
|
Hotels |
105.49 |
107.53 |
+1.9% |
|
Food & Beverages |
1036.84 |
1055.58 |
+1.8% |
|
Electronics and electric appliances |
235.88 |
239.79 |
+1.7% |
|
Recreation & Culture |
201.09 |
203.66 |
+1.3% |
|
Public utilities |
63.05 |
63.81 |
+1.2% |
|
Furniture |
271.73 |
274.33 |
+1.0% |
|
Construction materials |
311.27 |
313.75 |
+0.8% |
|
Telecommunications |
47.73 |
47.72 |
(0.02%) |
|
Restaurants & Cafes |
806.9 |
804.37 |
(0.3%) |
|
Health |
630.26 |
626.48 |
(0.6%) |
|
Education |
55.56 |
48.52 |
(12.7%) |
|
Other |
904.24 |
961.87 |
+6.4% |
|
Total |
6529.71 |
6802.95 |
+4.2% |
Riyadh topped the POS transactions by cities with SAR 2.1 billion, representing 31% of the total sales, followed by Jeddah with nearly SAR 1.1 billion.
|
POS Transactions by Cities in week ending July 18, 2020 (SAR mln) |
|||
|
City |
Transactions’ value Ending July 18 |
Transactions’ value Ending July 25 |
Weekly Variation |
|
Riyadh |
2042.4 |
2142.1 |
+4.9% |
|
Jeddah |
1079.2 |
1104.7 |
+2.4% |
|
Dammam |
359.0 |
368.7 |
+2.7% |
|
Al Khobar |
239.8 |
252.6 |
+5.3% |
|
Madinah |
232.3 |
246.7 |
+6.2% |
|
Buraydah |
175.8 |
188.4 |
+7.2% |
|
Makkah |
176.0 |
176.5 |
+0.3% |
|
Abha |
134.4 |
139.9 |
+4.1% |
|
Hail |
111.6 |
119.8 |
+7.4% |
|
Tabuk |
112.6 |
114.8 |
+1.9% |
|
Other cities |
1866.7 |
1948.7 |
+4.4% |
|
Total |
6529.7 |
6802.9 |
+4.2% |
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