The point-of-sale (POS) transactions fell by 3% to SAR 6.71 billion in the week ending Oct. 24, 2020, from SAR 6.92 billion in the previous week, data issued by the Saudi Arabian Monetary Authority (SAMA) showed.
Data showed that a total of 65.4 million transactions were processed in the week ending Oct. 24.
|
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 20 - 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 |
6803.0 |
+4% |
|
July 26 – Aug. 1 |
68315 |
8196.8 |
+20% |
|
Aug. 2 - 8 |
57243 |
6038.2 |
(26%) |
|
Aug. 9 - 15 |
61057 |
6738.2 |
+12% |
|
Aug. 16 - 22 |
58543 |
6598.1 |
(2%) |
|
Aug. 23 - 29 |
65156 |
8548.8 |
+30% |
|
Aug. 30 - Sept. 5 |
69654 |
8452.8 |
(1%) |
|
Sept. 6 - 12 |
67353 |
7331.6 |
(13%) |
|
Sept. 12-19 |
64385 |
6878.9 |
(6%) |
|
Sept. 20-26 |
67003 |
7677.2 |
+12% |
|
Sept. 27- Oct. 3 |
75427 |
9029.5 |
+18% |
|
Oct. 4-10 |
69849 |
7394.4 |
(18%) |
|
Oct. 11-17 |
68564 |
6923.8 |
(6% |
|
Oct. 18-24 |
65150 |
6712.4 |
((3% |
All sectors witnessed a decline in POS sales during the week, except for the telecommunications which rose by 5%, jewelry (3%) and furniture (2%).
Education sector led the decline with 9% or POS transactions worth SAR 47.8 million, followed by fuel stations (7%) and public utilities (6%).
Consumer spending focused on food & beverages sector during the week, valued at nearly SAR 1.08 billion, followed by restaurants and cafes sector with SAR 897.6 million and the healthcare sector with SAR 573.4 million.
|
POS Transactions by Sector (SAR mln) |
|||
|
Sector |
Transactions’ value Week ending Oct. 17 |
Transactions’ value Week ending Oct. 24 |
Weekly variation |
|
Clothes and footwear |
521.7 |
507.7 |
(3%) |
|
Construction materials |
355.4 |
348.9 |
(2%) |
|
Education |
52.3 |
47.8 |
(9%) |
|
Electronics and electric appliances |
253.4 |
247.9 |
(2%) |
|
Fuel stations |
294.2 |
274.7 |
(7%) |
|
Healthcare |
603.9 |
573.4 |
(5%) |
|
Furniture |
270.9 |
275.6 |
+2% |
|
Hotels |
123.7 |
119.3 |
(4%) |
|
Public Utilities |
63.3 |
59.5 |
(6%) |
|
Jewelry |
176.1 |
181.5 |
+3% |
|
Miscellaneous goods & services |
519.0 |
511.2 |
(2%) |
|
221.9 |
213.1 |
(4%) |
|
|
Restaurants & Cafes |
947.7 |
897.6 |
(5%) |
|
Food & Beverages |
1127.2 |
1081.4 |
(4%) |
|
Telecommunications |
50.7 |
53.4 |
+5% |
|
Transport |
395.2 |
391.7 |
(1%) |
|
Other |
947.2 |
927.8 |
(2%) |
|
Total |
6923.8 |
6712.4 |
(3%) |
Riyadh topped the POS transactions by cities in terms of value with SAR 2.2 billion, representing 33% of the total sales. Jeddah came second with over SAR 1.09 billion.
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