Saudi POS transactions attain 236 million, SR4bn in a single week

Saudi Gazette reportRIYADH — Level-of-sale (POS) information confirmed regular financial exercise throughout Saudi Arabia in the course of the interval from Jan. 11 to 17, with greater than 236 million transactions valued at SR4.0 billion, in line with the Saudi Press Company (SPA). Eating places and cafés led exercise within the hospitality sector, recording 58.76 million transactions value SR1.85 billion, whereas bakeries and confectionery shops registered 7.33 million transactions valued at SR281.5 million. Resort-related transactions totaled 1.03 million, with a price of SR455.7 million, whereas meals and beverage purchases reached 52.21 million transactions value SR2.04 billion. Retail spending remained robust, with clothes and niknaks recording 10.83 million transactions valued at SR1.23 billion. Electronics and electrical home equipment accounted for 1.84 million transactions value SR187.0 million, whereas furnishings and residential provides reached 2.90 million transactions valued at SR489.2 million. Jewellery purchases totaled SR406.0 million from 307,000 transactions. Skilled and enterprise companies recorded 13.47 million transactions value SR820.2 million, whereas constructing and building supplies accounted for two.62 million transactions valued at SR409.9 million. Healthcare companies noticed 9.83 million transactions value SR823.6 million, and tradition and leisure actions totaled 3.87 million transactions valued at SR365.4 million. Gasoline station spending reached 17.21 million transactions value SR1.00 billion, whereas transportation companies recorded 6.02 million transactions valued at SR944.1 million. Different actions accounted for 40.17 million transactions value SR2.26 billion. Regionally, Riyadh recorded the very best exercise with 74.12 million transactions valued at SR4.74 billion, adopted by Jeddah with 28.94 million transactions value SR2.03 billion. Makkah recorded 10.09 million transactions valued at SR628.5 million, whereas Madinah noticed 9.85 million transactions value SR614.9 million. Within the Japanese Province, Dammam logged 9.48 million transactions valued at SR673.2 million, and Khobar recorded 4.98 million transactions value SR400.2 million. Transactions throughout different cities totaled 26.12 million operations valued at SR1.09 billion, SPA mentioned.

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