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RIYADH: Point-of-sale transactions in Saudi Arabia rose 16% to SR13.5 million ($3.59 million) in the week ending September 3, from SR11.6 million during the week ending August 27, the Central Bank of Saudi Arabia, also known as SAMA, reported.

The rise was mainly due to an increase of SR512.8 million in the value of food and beverage transactions, up 32.4 percent from the previous week.

The healthcare sector recorded the second highest increase in the value of POS transactions, which amounted to SR 176.5 million, up 26.2% from the previous week.

Gas stations came next with an increase of SR 122.7 million in POS transactions in the week ending September 3, showing an increase of 18.5% week over week.

Although the scope of categories such as “other sectors” and “miscellaneous goods and services” could not be determined, these categories increased by SR327.5 million and SR264.8 million, respectively, in during the period considered. However, the hotel, apparel and footwear categories declined point-of-sale transactions during the week ending September 3.

While hotel transactions fell by 13.3% or SR33.5 million, point-of-sale clothing and footwear purchases fell by 7.9% or SR75.3 million, according to data from SAMA.

The Kingdom’s overall POS transactions increased by 13.9% to 162,486 in the week ending September 3, from 142,781 in the week ending August 27.

According to SAMA, the number of point-of-sale transactions for food and beverages rose 14.2% to 37,577 in the week ending September 3, from 32,917 the previous week.

Restaurants and cafes came next with an 11.5% increase; they increased by 4,541 during the week ending September 3, for a total number of POS transactions of 44,015.

“Other sectors” and “miscellaneous goods and services” followed with total point-of-sale transactions up 3,023 and 2,551, respectively.

Point-of-sale values ​​for hotels, apparel and footwear fell 9.5 and 2.6 percent respectively in number of transactions from the previous week.

Riyadh topped the Kingdom’s POS transactions with 43,127 transactions worth SR4.2 million in the week ending September 3, both up 13.1% from the previous week.

The city with the largest percentage jump in both value and point-of-sale transactions was Tabuk.

The weekly change in the value of Tabuk’s POS transactions was 41.7%, while the number of POS transactions increased by 28.3%.

Saudi Arabia’s overall POS transactions may have increased by SR10.7 billion in August, reaching SR56.4 billion, according to data compiled by Arab News from the weekly SAMA program.

The number of point-of-sale transactions may have increased by 120 million in August, reaching 732.3 million, from 611.5 million in July.

August data compiled by Arab News is based on weekly reports from July 31 to September 3. Therefore, actual figures may differ.