The point-of-sale (POS) transactions dropped by 6% to SAR 6.88 billion in the week ending Sept. 19, 2020, from SAR 7.33 billion in the previous week, data issued by the Saudi Arabian Monetary Authority (SAMA) showed.
Data showed that a total of 64.4 million transactions were processed in the week ending Sept. 19.
|
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%) |
|
Sept. 13 – Sept. 19 |
64,385 |
68,789 |
(6%) |
All sectors, except for furniture and jewelry, witnessed a decline in POS sales during the week ending Sept. 19. The furniture sector recorded a 7% rise in POS sales, followed by jewelry with 2%.
The education sector reported the steepest decline of 51%, with sales amounting to SAR 104.9 million, followed by the recreation & culture sector (18%), and the telecommunications sector (14%).
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 894.1 million and the healthcare sector with SAR 611.7 million.
|
POS Transactions by Sector in week ending Sept. 19, 2020 (SAR mln) |
|||
|
Sector |
Transactions’ value Ending Sept. 12 |
Transactions’ value Ending Sept. 19 |
Weekly variation |
|
Education |
216.1 |
104.9 |
(51%) |
|
283.8 |
231.8 |
(18%) |
|
|
Telecommunications
|
71.8 |
61.8 |
(14%) |
|
Electronics and electric appliances |
300.0 |
273.7 |
(9%) |
|
Fuel stations |
299.3 |
277.3 |
(7%) |
|
Restaurants & Cafes |
955.0 |
894.1 |
(6%) |
|
Food & Beverages |
1174.5 |
1104.8 |
(6%) |
|
Miscellaneous goods & services |
567.8 |
532.5 |
(6%) |
|
Public Utilities |
76.9 |
72.8 |
(5%) |
|
Hotels |
110.9 |
106.1 |
(4%) |
|
Healthcare |
629.8 |
611.7 |
(3%) |
|
Clothes and footwear |
478.3 |
474.4 |
(1%) |
|
Construction materials |
334.2 |
331.7 |
(1%) |
|
Transport |
402.4 |
400.9 |
(0.4%) |
|
Jewellery |
164.9 |
167.8 |
+2% |
|
Furniture |
280.0 |
298.5 |
+7% |
|
Other |
986.1 |
934.0 |
(5%) |
|
Total |
7331.6 |
6878.9 |
(6%) |
Riyadh topped the POS transactions by cities with SAR 2.26 billion, representing 33% of the total sales, followed by Jeddah with nearly SAR 1.13 billion.
|
POS Transactions by Cities in week ending Sept. 19, 2020 (SAR mln) |
|||
|
City |
Transactions’ value Week ending Sept. 12 |
Transactions’ value Week ending Sept. 19 |
Weekly variation |
|
Riyadh |
2386.5 |
2261.5 |
(5%) |
|
Jeddah |
1195.2 |
1131.8 |
(5%) |
|
Dammam |
415.1 |
388.8 |
(6%) |
|
Al Khobar |
275.1 |
266.3 |
(3%) |
|
Al Madinah |
268.3 |
245.9 |
(8%) |
|
Makkah |
203.1 |
191.6 |
(6%) |
|
Buraydah |
195.3 |
181.3 |
(7%) |
|
Tabuk |
131.6 |
119.7 |
(9%) |
|
Hail |
116.7 |
109.1 |
(7%) |
|
Abha |
114.5 |
103.5 |
(10%) |
|
Other cities |
2030.2 |
1879.3 |
(7%) |
|
Total |
7331.6 |
6878.9 |
(6%) |
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