Education drives weekly POS spending in Saudi Arabia to over $3bn 

Following Eid Al-Fitr, POS transactions in this sector reached SR256.8 million, up from SR10.2 million in the previous week, according to the latest figures from the Saudi Central Bank, also known as SAMA. Shutterstock
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Updated 16 April 2025
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Education drives weekly POS spending in Saudi Arabia to over $3bn 

RIYADH: Saudi Arabia’s point-of-sale transactions rose to SR12.3 billion ($3.2 billion) in the week ending April 12, driven by a sharp 2412.9 percent surge in spending on education. 

POS transactions in this sector reached SR256.8 million, up from SR10.2 million in the previous week, according to the latest figures from the Saudi Central Bank, also known as SAMA. 

During that seven-day period, spending on transportation saw the second-largest increase at 115 percent to reach SR693.9 million, with the number of transactions surging by 26.9 percent to 2.7 million.  

Spending on construction and building materials followed with a 109.3 percent uptick to SR311.5 million.  

Spending on electronics reached SR154.9 million, as transaction volume in the sector rose by 23.2 percent. Health and furniture also saw notable increases, up 63.4 percent to SR778 million and 62 percent to SR228.5 million, respectively. 

Among the top three categories by overall value, food and beverages led with SR1.8 billion, marking a 10.3 percent week-on-week increase. Despite a 21.4 percent decline, restaurants and cafes came second at SR1.7 billion. 

Miscellaneous goods and services accounted for SR1.51 billion in POS spending, a 34.5 percent rise, making it the third-largest category. 

Combined, these three segments represented approximately SR5 billion, or 41.3 percent, of total POS activity during the week. 

Meanwhile, spending in recreation and culture declined by 5.5 percent to SR250.5 million, and hotel transactions dropped 21.9 percent to SR288.6 million. 

Geographically, Riyadh dominated POS transactions, representing around 34.9 percent of the total, with expenses in the capital reaching SR4.3 billion — a 34.5 percent increase from the previous week.  

Jeddah followed with a 17.9 percent increase to SR1.7 billion; Dammam came in third at SR635.3 million, up 32.8 percent.  

Makkah experienced the most significant decrease in spending, dropping by 5.8 percent to SR485.5 million. Madinah followed with a 4.3 percent reduction to SR494.3 million. 

Tabuk and Dammam saw the largest increases in terms of number of transactions, surging by 25.8 percent and 19.8 percent, respectively, to 4.5 million and 8.7 million transactions.


Oman inflation at 1.6%, latest figures show

Updated 26 January 2026
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Oman inflation at 1.6%, latest figures show

RIYADH: Oman’s consumer price index rose by 1.6 percent in December compared with the same month a year earlier, reflecting moderate inflationary pressures at year’s end.

Average inflation for the January–December 2025 period increased by 1 percent, according to official data.

Figures released by the National Center for Statistics and Information showed that miscellaneous personal goods and services recorded the sharpest price increase, rising by 10 percent year on year. 

This was followed by transport at 2.8 percent, restaurants and hotels at 2.6 percent, and furniture, household equipment and routine maintenance at 2.4 percent, as well as education at 2.2 percent. 

Food and non-alcoholic beverages prices increased by 1.1 percent, while clothing and footwear rose by 0.2 percent and health by 0.1 percent. In contrast, prices in the culture and recreation group declined by 0.1 percent. 

Housing, water, electricity, gas and other fuels, as well as tobacco and communications, remained unchanged over the period. 

Within the food and non-alcoholic beverages category, December prices compared with the same month of 2024 showed notable increases in fish and seafood at 6 percent and fruits at 4 percent. 

Sugar, jam, honey and confectionery rose by 3.5 percent, milk, cheese and eggs by 2.1 percent, and non-alcoholic beverages by 0.9 percent.

Meat prices increased by 0.8 percent, bread and cereals, oils and fats by 0.7 percent, and other unclassified food products by 0.4 percent, while vegetable prices fell by 5.8 percent. 

Regionally, Al Dhahirah governorate recorded the highest inflation rate at 2.5 percent by the end of December compared with a year earlier. 

Inflation also rose by 2.1 percent in Al Dakhiliyah, 1.7 percent in Muscat and Al Buraimi, and 1.5 percent in South Al Batinah. 

South Al Sharqiyah and Musandam each posted increases of 1.1 percent, while North Al Sharqiyah and North Al Batinah rose by 0.9 percent. Al Wusta and Dhofar recorded inflation of 0.8 percent. 

The report highlights the relative importance of expenditure groups within the consumer price index basket, underscoring why movements in certain categories have a greater impact on overall inflation.

Housing, water, electricity, gas and other fuels carry the largest weight at 31.7, followed by food and non-alcoholic beverages at 20.6 and transport at 14.5.

Together, these three groups account for more than two-thirds of the CPI basket, meaning price stability in housing and utilities can significantly moderate headline inflation even when sharper increases are recorded in smaller-weight categories such as miscellaneous goods and services. 

The analysis also notes that around 56,640 individual price quotations were collected from 3,907 sources across the Sultanate during the reference period. 

In addition, rental data were gathered from a dedicated sample of 1,509 rented housing units, providing a detailed and representative measure of housing costs, which remain the most heavily weighted component of the inflation basket.