The point-of-sale (POS) transactions rose by 18% to reach SAR 9.03 billion in the week ending Oct. 3, 2020, from SAR 7.68 billion in the previous week, according to the data issued by the Saudi Arabian Monetary Authority (SAMA).
Data showed that a total of 75.4 million transactions were processed in the week ending Oct.3.
|
Weekly POS Transactions |
|||
|
Week |
No. of transactions (‘000) |
Transactions’ value |
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 20 - 27 |
53786 |
9191.3 |
+27% |
|
June 28 – July 4 |
62811 |
10467.1 |
+14% |
|
July 5 – July 11 |
58929 |
6704.6 |
(36%) |
|
July 12 – July 18 |
57092 |
6529.7 |
(3%) |
|
July 19 – July 25 |
57513 |
6803.0 |
+4% |
|
July 26 – August 1 |
68315 |
8196.8 |
+20% |
|
Aug. 2 – Aug. 8 |
57243 |
6038.2 |
(26%) |
|
Aug. 9 – Aug. 15 |
61057 |
6738.2 |
+12% |
|
Aug. 16 – Aug. 22 |
58543 |
6598.1 |
(2%) |
|
Aug. 23 – Aug. 29 |
65156 |
8548.8 |
+30% |
|
Aug. 30 – Sept. 5 |
69654 |
8452.8 |
(1%) |
|
Sept. 6 – Sept. 12 |
67353 |
7331.6 |
(13%) |
|
Sept. 12 – Sept. 19 |
64385 |
6878.9 |
(6%) |
|
Sept. 20 – Sept. 26 |
67003 |
7677.2 |
+12% |
|
Sept. 27 – Oct. 3 |
75427 |
9029.5 |
+18% |
All sectors witnessed an increase in POS sales during the week ending Oct. 3, except for furniture and hotels.
Education sector topped the rising sectors, with 137% growth, through SAR 123.6 million sales. It was followed by telecommunication sector with 49% growth, then food and beverages with 37%
Consumer spending focused on food & beverages sector during the same week, with nearly SAR 1.57 billion, followed by restaurants and cafes sector with SAR 1.1 billion and the healthcare sector with SAR 828.4 million.
|
POS Transactions by Sector in Week (SAR mln) |
|||
|
Sector |
Transactions’ value |
Transactions’ value |
Weekly variation |
|
Clothes and footwear |
638.3 |
663.5 |
+4% |
|
Construction materials |
352.4 |
376.3 |
+7% |
|
Education |
52.2 |
123.6 |
+137% |
|
Electronics and Electric Appliances |
319.8 |
338.2 |
+ 6% |
|
Fuel Stations |
285.8 |
335.7 |
+ 18% |
|
Healthcare |
683.8 |
828.4 |
+ 21% |
|
Furniture |
401.9 |
351.7 |
(12%) |
|
Hotels |
160.4 |
138.9 |
(13%) |
|
Public Utilities |
71.6 |
88.8 |
+24% |
|
Jewelry |
206.6 |
222.1 |
+8% |
|
Miscellaneous Goods & Services |
589.3 |
798.8 |
+36% |
|
Recreation & Culture |
237.8 |
282.8 |
+19% |
|
Restaurants & Cafes |
1028.4 |
1098.5 |
+7% |
|
Food & Beverages |
1150.4 |
1573.6 |
+37% |
|
Telecommunications |
50.1 |
74.4 |
+49% |
|
Transport |
386.2 |
510.2 |
+32% |
|
Other |
1062.4 |
1224.0 |
+15% |
|
Total |
7677.2 |
9029.5 |
+18% |
Riyadh topped the POS transactions by cities in terms of value with SAR 2.86 billion, representing 32% of the total sales. Jeddah came second with SAR 1.43 billion.
|
POS Transactions by Cities in Week (SAR mln) |
|||
|
City |
Transactions’ value Sept. 23 |
Transactions’ value
|
Weekly variation |
|
Riyadh |
2481.4 |
2855.0 |
+15% |
|
Jeddah |
1288.1 |
1428.5 |
+11% |
|
Dammam |
433.9 |
508.6 |
+17% |
|
Al Khobar |
312.4 |
334.3 |
+7% |
|
Al-Madinah |
285.1 |
331.5 |
+16% |
|
Makkah |
211.2 |
262.8 |
+24% |
|
Buraydah |
204.5 |
234.6 |
+15% |
|
Tabuk |
128.7 |
181.0 |
+41% |
|
Hail |
121.2 |
151.9 |
+25% |
|
Abha |
117.3 |
139.8 |
+19% |
|
Other cities |
2093.2 |
2601.6 |
+24% |
|
Total |
7677.2 |
9029.5 |
+18% |
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