POS transactions rise 12% to SAR 7.68 bln in week ending Sept. 26

30/09/2020 Argaam Special


The point-of-sale (POS) transactions rose by 12% to SAR 7.68 billion in the week ending Sept. 26, 2020, from SAR 6.88 billion in the previous week, data issued by the Saudi Arabian Monetary Authority (SAMA) showed.

 

Data showed that a total of 67 million transactions were processed in the week ending Sept. 26.

 

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. 12- Sept. 19

64,385

6,878.9

(6%)

Sept. 20- Sept. 26

67,003

7,677.2

+12%

 

 

The POS of the majority of sectors rose during the week ending Sept. 26, except for education, public utilities, telecommunications and transport.

 

Hotels sector led the increased sectors by a 51% rise through sales of SAR 160.4 million, followed by furniture and clothes and footwear, with an increase of 35%, each.

 

Consumer spending focused on food & beverages sector during the same week, valued at nearly SAR 1.15 billion, followed by restaurants and cafes sector with SAR 1.03 billion and the healthcare sector with SAR 683.8 million.

 

POS Transactions by Sector in Week Ending Sept. 26

(SAR mln)

Sector

Transactions’ value

Ending Sept. 19

Transactions’ value

Ending Sept. 26

Weekly variation

Hotels

106.1

160.4

+ 51%

Furniture

298.5

401.9

+ 35%

Clothes and footwear

474.4

638.3

+ 35%

Jewelry

167.8

206.6

+ 23%

Electronics and electric appliances

273.7

319.8

+ 17%

Restaurants & Cafes

894.1

1,028.4

+ 15%

Healthcare

611.7

683.8

+ 12%

Miscellaneous goods & services

532.5

589.3

+ 11%

Construction materials

331.7

352.4

+ 6%

Food & Beverages

1,104.8

1,150.4

+ 4%

Fuel stations

277.3

285.8

+ 3%

Recreation & Culture

231.8

237.8

+ 3%

Public Utilities

72.8

71.6

(2%)

Transport

400.9

386.2

(4%)

Telecommunications

61.8

50.1

(19%)

Education

104.9

52.2

(50%)

Other

934.0

1,062.4

+14%

Total

6,878.9

7,677.2

+12%

 
 

Riyadh topped the POS transactions by cities in terms of value with SAR 2.48 billion, representing 32% of the total sales. Jeddah came second with over SAR 1.29 billion.

 

POS Transactions by Cities in Week Ending Sept. 26

(SAR mln)

City

Transactions’ value

Week ending Sept. 19

Transactions’ value

Week ending Sept. 26

Weekly variation

Riyadh

2,261.5

2,481.4

+10%

Jeddah

1,131.8

1,288.1

+14%

Dammam

388.8

433.9

+12%

Al Khobar

266.3

312.4

+17%

Madinah

245.9

285.1

+16%

Makkah

191.6

211.2

+10%

Buraydah

181.3

204.5

+13%

Tabuk

119.7

128.7

+8%

Hail

109.1

121.2

+11%

Abha

103.5

117.3

+13%

Other cities

1,879.3

2,093.2

+11%

Total

6,878.9

7,677.2

+12%

 

 

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