Saudi POS sales up to SAR 326bn in almost 11 months

Riyadh – Mubasher: Sales transactions through points of sale (POS) across Saudi Arabia rose by 23.5% year-on-year (YoY) since the beginning of the year until 5 December 2020 to total SAR 325.9 billion, official data showed.

The number of transactions through POS surged by 74.2% during the eleven-month period to stand at 2.56 billion deals, compared to 1.47 billion in the year-ago period.  

During the period from 29 November to 5 December, POS sales volume grew by 4.1% to SAR 9 billion, compared with SAR 8.65 billion a week earlier.

In the meantime, the number of concluded transactions hiked by 5.5% on a weekly basis to 80.82 million deals.

Food and beverages dominated SAR 1.39 billion on POS purchases, followed by restaurants and cafes with SAR 1.16 billion.

Mubasher Contribution Time: 08-Dec-2020 13:31 (GMT)
Mubasher Last Update Time: 08-Dec-2020 13:32 (GMT)