Consumer spending in Saudi Arabia through points of sale recorded $3.6 billion within a week
Listen to the article. The audio text is automated, generated by an automated system
New Face 24
·3 دقائق read
Listen to the article. The audio text is automated, generated by an automated system
Consumer spending in Saudi Arabia through point-of-sale operations witnessed a weekly decline of 18.1% during the period from October 4 to 10, compared to the previous week.
The value of point-of-sale sales in the Kingdom during the past week amounted to $3.61 billion (13.53 billion riyals), compared to $4.4 billion (16.51 billion riyals) in the previous week ending on October 3, 2026 AD, according to the weekly report issued by the Central Bank of Saudi Arabia (SAMA).
The number of point-of-sale transactions decreased by about 7.5% last week, to 253.36 million transactions, compared to 273.92 million transactions in the previous week.
Point of sale operations monitor the weekly movement of electronic payments through point of sale devices in various commercial activities and cities within the Kingdom of Saudi Arabia.
The food and beverage sector recorded the highest value of point-of-sale sales in Saudi Arabia last week at $613.3 million (2.3 billion riyals), but it decreased by 22.9% from its level in the previous week, through the implementation of 59.56 million transactions.
Spending in the restaurants and cafes sector declined by 9.9% to $456 million (1.71 billion riyals) through 61.18 million transactions carried out, followed by the gas stations sector with spending amounting to $274.67 million (1.03 billion riyals) despite a decline of about 10.5% through the implementation of 18.34 million point-of-sale transactions.
Consumers in the Kingdom spent $273.5 million (1.026 billion riyals) on the clothing and accessories sector, recording a decrease of about 21.4% from the previous week, through 9.42 million transactions, followed by the transportation sector with $258.67 million (970 million riyals), bringing its spending down by 20.2% from the previous week, through the implementation of 7.22 million transactions.
Spending through point-of-sale operations in the Kingdom on the health sector last week, including medical services, pharmacies, medical supplies and personal care items, decreased by 18.7%, reaching $235.24 million (882.16 million riyals) after implementing 10.37 million operations.
Last week witnessed the implementation of 2.79 million point-of-sale transactions in the furniture and household supplies sector, worth $112.22 million (420.84 million riyals), a decline of about 28.6%, and 3.27 million transactions were carried out in the building and construction materials sector, worth $107.33 million (402.5 million riyals), recording a 12.8% decrease from the previous week.
383,000 point-of-sale transactions were recorded in the jewelry sector, worth $114.4 million (428.98 million riyals), reducing spending in this sector by 12.4%, and 5.45 million transactions were carried out in the communications sector, worth $56.08 million (210.3 million riyals), recording a decline of about 24.5%.
Consumer spending in the city of Riyadh recorded a decrease last week by 14.4%, falling to $1.29 billion (4.82 billion riyals) through the implementation of 85.71 million transactions.
The city of Jeddah came in second place with spending of $480 million (1.8 billion riyals), recording a decline of 15.2% from the previous week, followed by the city of Dammam with spending amounting to $181.33 million (680 million riyals), a decrease of 14% from the previous week.
Spending in the cities of Mecca and Medina declined by 15.1% and 17.8%, respectively, to $144 million (540 million riyals) and $138.67 million (520 million riyals), respectively.
Suggested
Read also
WorldZelensky hints at Russia's disdain for Trump's statements
CultureFrom lace to lingerie... Haifa Wehbe devotes the presence of black to her looks
Politics