Arab News
Arab news, Sat, Jul 05, 2025 | Muharram 10, 1447
Saudi Arabia’s POS spending climbs 24.4% to $3.6bn in final week of June
Saudi Arabia:Saudi
Arabia’s point-of-sale transactions climbed to SR13.6 billion ($3.6 billion) in
the week ending June 28, marking a 24.4 percent rise compared to the previous
seven-day period, according to the latest official figures.
The point-of-sale transactions bulletin issued by
the Saudi Central Bank showed that the number of transactions also rose by 8.6
percent to reach 219.9 million.
Spending on recreation and culture posted the
highest weekly increase, surging 49.3 percent to reach SR294.7 million. The
number of transactions in this category rose slightly to 2.26 million.
Clothing and footwear followed with a 44.2 percent
surge in spending, totaling SR830.9 million. The number of transactions in this
section rose 34.5 percent to 6.2 million.
Telecommunications came third, with a 38.7 percent
increase in value to SR123.9 million and a rise in transactions to just over 2
million.
Spending on public utilities increased by 28.8
percent, reaching SR52.3 million through 690,000 transactions.
Gas stations registered SR963.5 million in
transactions, up 18.4 percent from the prior week. Transaction volume climbed to
17.2 million.
Expenditures in the health sector reached SR840
million, an increase of 17.9 percent, while spending on transportation rose 18.7
percent to SR746 million. The number of transportation transactions hit 2.9
million.
Jewelry sales rose by 34.7 percent to reach
SR352.7 million from 280,000 sales.
Education services recorded sales of SR 212.1
million, up 9.7 percent, with the number of transactions in the sector reached
118,000.
Sales at hotels reached SR212.5 million, a 28.3
percent weekly increase, while transactions advanced 26.4 percent to 680,000.
Spending on construction and building materials
totaled SR328 million, representing a 7.9 percent boost from the previous week.
The number of transactions stood at 1.7 million.
Among cities, Hail recorded the highest increase
in POS transaction value, rising 41.5 percent to SR226.2 million across 4
million transactions.
Abha followed with a 37.6 percent rise in
spending, totaling SR195.3 million from 3.48 million transactions.
Additional cities across the Kingdom contributed
SR3.93 billion in POS sales, reflecting a 32.6 percent increase from the
previous week.
Madinah posted SR516 million in
transactions, up 27.7 percent, while Jeddah recorded SR1.93 billion, marking a
20.4 percent increase.
Makkah followed with SR471.7 million, up
20.2 percent from the prior week.
Riyadh remained the highest in overall value with
SR4.68 billion in sales, a 19.7 percent weekly rise, and 70.3 million
transactions.
Dammam registered SR673.3 million,
increasing 18.1 percent.
Khobar and Buraidah posted SR385.7 million
and SR327.7 million, respectively, while Tabuk reported SR278.5 million in POS
spending.