POS transactions fall 12% to SAR 8.08 bln in week ending Nov. 7

12/11/2020 Argaam Special


The point-of-sale (POS) transactions dropped 12% to reach SAR 8.08 billion in the week ending Nov. 7, 2020, from SAR 9.15 billion in the previous week, according to the data issued by the Saudi Arabian Monetary Authority (SAMA).


Data showed that a total of 74.9 million transactions were processed in the week ending Nov. 7.

 

Weekly POS Transactions

Week

No. of transactions

 (‘000)

Transactions’ value
(SAR mln)

Variation in value

May 10 - 16

38132

6002.6

--

May 17 - 23

41324

6491.3

+8%

May 24 - 30

29082

3253.2

(50%)

May 31 – June 6

50281

7854.4

+141%

June 7 - 13

48209

7295.8

(7%)

June 14 - 20

46704

7261.2

(0.5%)

June 20 - 27

53786

9191.3

+27%

June 28 – July 4

62811

10467.1

+14%

July 5 – July 11

58929

6704.6

(36%)

July 12 – July 18

57092

6529.7

(3%)

July 19 – July 25

57513

6803.0

+4%

July 26 – August 1

68315

8196.8

+20%

Aug. 2 – Aug. 8

57243

6038.2

(26%)

Aug. 9 – Aug. 15

61057

6738.2

+12%

Aug. 16 – Aug. 22

58543

6598.1

(2%)

Aug. 23 – Aug. 29

65156

8548.8

+30%

Aug. 30 – Sept. 5

69654

8452.8

(1%)

Sept. 6 – Sept. 12

67353

7331.6

(13%)

Sept. 12 – Sept. 19

64385

6878.9

(6%)

Sept. 20 – Sept. 26

67003

7677.2

+12%

Sept. 27 – Oct. 3

75427

9029.5

+18%

Oct. 4 – Oct. 10

69849

7394.4

(18%)

Oct. 11 – Oct. 17

68564

6923.8

(6%)

Oct. 18 -  Oct. 24

65150

6712.4

(3%)

Oct. 25 – Oct. 31

77718

9149.1

+36%

Nov. 1 – Nov. 7

74869

8077.5

(12%)

 
All sectors witnessed a decrease in POS sales during the week ending Nov. 7.

 

The Transport sector topped worst performers, with a slide of 20%, through SAR 428.3 million sales. It was followed by the Food & Beverages sector (-19%) and the Education sector with -17%.

 

Consumer spending focused on the Food & Beverages sector during the same week, with nearly SAR 1.26 billion, followed by Restaurants & Cafes sector with SAR 1.06 billion and the Clothes and Footwear sector with SAR 697.5 million.

 

POS Transactions by Sector in Week (SAR mln)

Sector

Transactions’ value
Week ending Oct. 31

Transactions’ value
Week ending Nov. 7

Weekly variation

Transport

536.2

428.3

(20%)

Food & Beverages & Services

1553.3

1258.1

(19%)

Education

83.1

69.0

(17%)

Recreation & Culture

296.6

253.9

(14%)

Telecommunications

73.2

63.6

(13%)

Clothes and footwear

791.3

697.5

(12%)

Healthcare

737.2

651.6

(12%)

Miscellaneous Goods & Services

723.3

655.5

(9%)

Furniture

357.3

328.6

(8%)

Fuel Stations

336.5

313.9

(7%)

Public Utilities

73.9

68.7

(7%)

Restaurants & Cafes

1129.0

1060.8

(6%)

Jewelry

225.6

212.2

(6%)

Hotels

153.0

145.7

(5%)

Electronics and Electric Appliances

400.5

384.7

(4%)

Construction materials

384.7

378.6

(2%)

Other

1294.7

1106.8

(15%)

Total

9149.1

8077.5

(12%)

 
 

Riyadh topped the POS transactions by cities in terms of value with SAR 2.60 billion, representing 32% of the total sales. Jeddah came second with SAR 1.31 billion.

 

POS Transactions by City in Week (SAR mln)

City

Transactions’ Value
Week Ending

Oct. 31

Transactions’ Value Week Ending Nov. 7

Weekly Variation

Riyadh

2907.9

2604.0

(10%)

Jeddah

1412.7

1310.0

(7%)

Dammam

516.1

473.1

(8%)

Al Khobar

343.9

319.3

(7%)

Al-Madinah

332.3

285.3

(14%)

Makkah

268.0

233.9

(13%)

Buraydah

239.0

209.9

(12%)

Tabuk

179.8

144.2

(20%)

Hail

160.6

129.3

(19%)

Abha

132.3

114.8

(13%)

Other cities

2656.5

2253.5

(15%)

Total

9149.1

8077.5

(12%)

 
 

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