The point-of-sale (POS) transactions declined by 6% to reach SAR 6.92 billion in the week ending Oct. 17, 2020, from SAR 7.39 billion in the previous week, according to the data issued by the Saudi Arabian Monetary Authority (SAMA).
Data showed that a total of 68.6 million transactions were processed in the week ending Oct. 17.
|
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% |
|
Oct. 4 – Oct. 10 |
69849 |
7394.4 |
(18%) |
|
Oct. 11 – Oct. 17 |
68564 |
6923.8 |
(6%) |
All sectors witnessed a decrease in POS sales during the week ending Oct. 17, except for construction materials which posted a rise of 1%.
Education sector topped the declining sectors, with 37%, through SAR 52.3 million sales. It was followed by public utilities sector by 16%, and telecommunications and miscellaneous goods & services sectors with 13% each.
Consumer spending focused on food & beverages sector during the same week, with nearly SAR 1.13 billion, followed by restaurants & cafes sector with SAR 947.7 million and the healthcare sector with SAR 603.9 million.
|
POS Transactions by Sector in Week (SAR mln) |
|||
|
Sector |
Transactions’ value |
Transactions’ value |
Weekly variation |
|
Education |
83.1 |
52.3 |
(37%) |
|
Public Utilities |
75.6 |
63.3 |
(16%) |
|
Miscellaneous Goods & Services |
595.9 |
519.0 |
(13%) |
|
Telecommunications |
58.0 |
50.7 |
(13%) |
|
Recreation & Culture |
246.1 |
221.9 |
(10%) |
|
Jewelry |
194.7 |
176.1 |
(10%) |
|
Healthcare |
652.2 |
603.9 |
(7%) |
|
Furniture |
289.5 |
270.9 |
(6%) |
|
Transport |
418.5 |
395.2 |
(6%) |
|
Electronics and Electric Appliances |
265.8 |
253.4 |
(5%) |
|
Restaurants & Cafes |
996.4 |
947.7 |
(5%) |
|
Food & Beverages |
1180.2 |
1127.2 |
(4%) |
|
Clothes and footwear |
546.2 |
521.7 |
(4%) |
|
Fuel Stations |
302.6 |
294.2 |
(3%) |
|
Hotels |
124.0 |
123.7 |
(0.2%) |
|
Construction materials |
351.4 |
355.4 |
+1% |
|
Other |
1014.3 |
947.2 |
(7%) |
|
Total |
7394.4 |
6923.8 |
(6%) |
Riyadh topped the POS transactions by cities in terms of value with SAR 2.26 billion, representing 33% of the total sales. Jeddah came second with SAR 1.12 billion.
|
POS Transactions by Cities in Week (SAR mln) |
||||
|
City |
Transactions’ Value Oct. 10 |
Transactions’ Value Week Ending Oct. 17 |
Weekly Variation |
|
|
Riyadh |
2412.7 |
2256.7 |
(6%) |
|
|
Jeddah |
1219 |
1123.8 |
(8%) |
|
|
Dammam |
423.3 |
397.1 |
(6%) |
|
|
Al Khobar |
281.2 |
262.7 |
(7%) |
|
|
Al-Madinah |
262.6 |
248.4 |
(5%) |
|
|
Makkah |
211.6 |
195.7 |
(8%) |
|
|
Buraydah |
196.1 |
186.3 |
(5%) |
|
|
Tabuk |
127.5 |
119.3 |
(6%) |
|
|
Hail |
118.2 |
113.7 |
(4%) |
|
|
Abha |
112.6 |
99.6 |
(12%) |
|
|
Other cities |
2029.6 |
1920.4 |
(5%) |
|
|
Total |
7394.4 |
6923.8 |
(6%) |
|
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