The Clap
POS sales in KSA recorded approximately SAR 10.24 billion during the week ending on 17 September, compared to SAR 10.59 billion in the previous week.
The Deets
The number of executed transactions reached approximately 147.5 million, according to the weekly report on “Point of Sale Operations” issued by SAMA.
Most sectors witnessed a decline in sales during the past week, the first of which was education with a 53% decline followed by recreation and culture with a 9% decline.
Consumer Spending
Spending was focused on the food & beverages sector at a value of SAR 1.54 billion, representing about 15% of total sales last week, followed by restaurants and cafes, with approximately SAR 1.42 billion in spending.
POS Sales
POS sales are what consumers spend on debit and credit cards in large shopping malls, retail stores, pharmacies, etc.
POS sales hit SAR 10.2 billion in one week 🏬
