POS transactions rise 4% to SAR 9 bln in week ending Dec. 5

09/12/2020 Argaam Special


The point-of-sale (POS) transactions increased 4% to SAR 9 billion in the week ending Dec. 5, 2020, from SAR 8.65 billion in the previous week, data issued by the Saudi Central Bank (SAMA) showed. 

 

Data showed that a total of 80.8 million transactions were processed in the week ending Dec. 5  

 

Weekly POS Transactions 

Week 

No. of transactions 

(‘000) 

Transactions’ value 

(SAR mln) 

Variation in Value 

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. 22-28 

76623

8647.6

+20%

Nov. 29 – Dec. 5

80816

9004.8

+4%

 

All sectors witnessed a rise in POS sales during the week, except for food and beverages and electronics and electric appliances. 

 

Education sector topped the rising sectors, with 51% growth, through SAR 87 million sales. It was followed by miscellaneous goods and services sector with 15% rise.

 

Consumer spending focused on food and beverages sector during the week, valued at nearly SAR 1.39 billion, followed by restaurants and cafes sector with SAR 1.16 billion and the clothes and footwear sector with SAR 866.3 million.

 

POS Transactions by Sector (SAR mln) 

Sector 

Transactions’ value Week ending Nov. 28 

Transactions’ value Week ending Dec. 5 

Weekly variation 

Education

57.8

87.0

+ 51%

Miscellaneous Goods and Services

664.0

763.9

+ 15%

Recreation & Culture

278.1

312.2

+ 12%

Jewelry 

228.5

251.9

+ 10%

Telecommunications 

78.8

84.8

+ 8%

Hotels

145.7

155.8

+ 7%

Restaurants & Cafes

1098.2

1163.6

 + 6%

Public Utilities

68.7

72.2

+ 5%

Fuel Stations

332.8

348.6

+ 5%

Transport

444.7

464.8

+ 5%

Construction Materials

385.6

397.5

+ 3%

Healthcare

661.1

681.3

+ 3%

Furniture

385.7

397.0

+ 3%

Clothes and footwear 

846.0

866.3

+ 2%

Food & Beverages

1418.5

1388.1

(2%)

Electronics and electric appliances 

360.9

333.3

(8%)

Other 

1192.5

1236.6

+ 4%

Total 

8647.6

9004.77

+ 4%

 
 

Riyadh topped the POS transactions by cities in terms of value with SAR 2.94 billion, representing 33% of the total sales. Jeddah came second with SAR 1.46 billion. 

 

POS Transactions by Cities in Week (SAR mln) 

City 

Transactions’ value 

Week ending Nov. 28 

Transactions’ value 

Week ending Dec. 5 

Weekly variation 

Riyadh 

2763.0

2938.5

+ 6%

Jeddah 

1359.8

1460.7

+ 7%

Dammam 

485.2

499.9

+ 3%

Al Khobar 

329.4

341.0

+ 4%

Madinah 

316.8

327.3

+ 3%

Makkah 

258.2

269.6

+ 4%

Buraydah 

216.8

232.1

+ 7%

Tabuk 

170.7

165.9

(3%)

Hail 

154.6

150.2

(3%)

Abha 

120.2

122.1

+ 2%

Other cities 

2472.7

2497.5

+ 1%

Total 

8647.6

9004.8

+ 4%

 

 

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