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%) |
|
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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