POS transactions rise 20% to SAR 8.65 bln in week ending Nov. 28

02/12/2020 Argaam Special


The point-of-sale (POS) transactions increased 20% to SAR 8.65 billion in the week ending Nov. 28, 2020, from SAR 7.23 billion in the previous week, data issued by the Saudi Central Bank (SAMA) showed. 

 

Data showed that a total of 76.6 million transactions were processed in the week ending Nov. 28.  

 

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%)

Oct. 25-31 

77718

9149.1

+36%

Nov. 1-7 

74869

8077.5

(12%)

Nov. 8-14 

73330

7520.7

(7%)

Nov. 15-21 

70091

7229.5

(4%)

Nov. 21-28 

76623

8647.6

+20%

 

 

All sectors witnessed a rise in POS sales during the week.

 

Clothes and Footwear sector topped the rising sectors, with 42% growth, through SAR 846 million sales. It was followed by Food and Beverages sector with 29% rise.

 

Consumer spending focused on Food and Beverages sector during the week, valued at nearly SAR 1.42 billion, followed by Restaurants and Cafes sector with SAR 1.10 billion and the Clothes and Footwear sector with SAR 846 million.

 

POS Transactions by Sector (SAR mln) 

Sector 

Transactions’ value Week ending Nov. 21 

Transactions’ value Week ending Nov. 28 

Weekly variation 

Clothes and footwear 

596.4

846

+ 42 %

Food & Beverages

1098.9

1418.5

+ 29 %

Recreation & Culture

219.5

278.1

+ 27 %

Jewelry 

188.3

228.5

+ 21 %

Miscellaneous goods & services 

548.1

664

+ 21 %

Telecommunications

66.3

78.8

+ 19 %

Furniture

326

385.7

 + 18 %

Electronics and electric appliances 

314.2

360.9

+ 15 %

Healthcare

580.1

661.1

+ 14 %

Restaurants & Cafes

964.9

1098.2

+ 14 %

Fuel stations 

294.8

332.8

+ 13 %

Public Utilities

62.5

68.7

+ 10 %

Education

53.7

57.8

+ 8 %

Hotels 

134.8

145.7

+ 8 %

Transport 

412.3

444.7

+ 8 %

Construction materials

374.8

385.6

+ 3 %

Other 

994

1192.5

+ 20 %

Total 

7229.5

8647.6

+ 20 %

 

 

Riyadh topped the POS transactions by cities in terms of value with SAR 2.76 billion, representing 32% of the total sales. Jeddah came second with over SAR 1.36 billion. 

 

POS Transactions by Cities in Week (SAR mln) 

City 

Transactions’ value 

Week ending Nov. 21 

Transactions’ value 

Week ending Nov. 28 

Weekly variation 

Riyadh 

2371.0

2763.0

+ 16.5%

Jeddah 

1162.5

1359.8

+ 17.0%

Dammam 

414.0

485.2

+ 17.2%

Al Khobar 

288.2

329.4

+ 14.3%

Madinah 

253.6

316.8

+ 24.9%

Makkah 

207.4

258.2

+ 24.5%

Buraydah 

194.1

216.8

+ 11.7%

Tabuk 

130.7

170.7

+ 30.6%

Hail 

121.6

154.6

+ 27.2%

Abha 

97.5

120.2

+ 23.3%

Other cities 

1988.7

2472.7

+ 24.3%

Total 

7229.5

8647.6

+ 19.6%

 

 

For More Reports

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read