POS transactions fall 11% to SAR 8 bln in week ending Dec. 12: SAMA

16/12/2020 Argaam Special


The point-of-sale (POS) transactions fell by 11% to SAR 7.98 billion in the week ending Dec. 12, 2020, from SAR 9 billion in the previous week, data issued by the Saudi Central Bank (SAMA) showed.

 

Data showed that a total of 76.5 million transactions were processed in the week ending Dec. 12.

 

Weekly POS Transactions

Week

No. of transactions

(‘000)

Transactions’ value

(SAR mln)

Variation in Value

June 20 - 27

53786

9191.3

+27%

June 28 - July 4

62811

10467.1

+14%

July 5 – 11

58929

6704.6

(36%)

July 12 – 18

57092

6529.7

(3%)

July 19 – 25

57513

6803.0

+4%

July 26 – Aug. 1

68315

8196.8

+20%

Aug. 2 – 8

57243

6038.2

(26%)

Aug. 9 - 15

61057

6738.2

+12%

Aug. 16 – 22

58543

6598.1

(2%)

Aug. 23 - 29

65156

8548.8

+30%

Aug. 30 - Sept. 5

69654

8452.8

(1%)

Sept. 6 – 12

67353

7331.6

(13%)

Sept. 12 –19

64385

6878.9

(6%)

Sept. 20 -26

67003

7677.2

+12%

Sept. 27 – Oct. 3

75427

9029.5

+18%

Oct. 4 – 10

69849

7394.4

(18%)

Oct. 11 – 17

68564

6923.8

(6%)

Oct. 18 - 24

65150

6712.4

(3%)

Oct. 25 – 31

77718

9149.1

+36%

Nov. 1 – 7

74869

8077.5

(12%)

Nov. 8 - 14

73330

7520.7

(7%)

Nov. 15 - 21

70091

7229.5

(4%)

Nov. 22 - 28

76623

8647.6

+20%

Nov. 29- Dec. 5

80816

9004.8

+4%

Dec. 6 - 12

76453

7976.9

(11%)

 

All sectors witnessed a decline in POS sales during the week, dragged by clothes and footwear which fell by 17%, followed by electronics and electric appliances (16%).

 

Consumer spending focused on food & beverages sector during the week, valued at nearly SAR 1.19 billion, followed by restaurants and cafes sector with SAR 1.05 billion and clothes and footwear sector with SAR 723.2 million.

 

POS Transactions by Sector (SAR mln)

Sector

Transactions’ value

Week ending Dec. 5

Transactions’ value Week ending Dec. 12

Weekly variation

Clothes and footwear

866.3

723.2

(17%)

Construction materials

397.5

397.1

(0.1%)

Education

87.0

77.0

(11%)

Electronics and electric appliances

333.3

280.9

(16%)

Fuel stations

348.6

319.6

(8%)

Healthcare

681.3

623.0

(9%)

Furniture

397.0

349.3

(12%)

Hotels

155.8

139.0

(11%)

Public Utilities

72.2

67.3

(7%)

Jewelry

251.9

218.7

(13%)

Miscellaneous goods & services

763.9

662.6

(13%)

Recreation & Culture

312.2

286.5

(8%)

Restaurants & Cafes

1163.6

1054.4

(9%)

Food & Beverages

1388.1

1192.2

(14%)

Telecommunications

84.8

75.4

(11%)

Transport

464.8

425.7

(8%)

Other

1236.6

1085.1

(12%)

Total

9004.8

7976.9

(11%)

 
 

Riyadh topped the POS transactions by cities in terms of value with SAR 2.61 billion, representing 33% of the total sales. Jeddah came second with over SAR 1.30 billion.

 

POS Transactions by Cities in Week (SAR mln)

City

Transactions’ value
Week ending

Dec. 5

Transactions’ value

Week ending Dec. 12

Weekly variation

Tabuk

165.9

136.6

(18%)

Hail

150.2

129.5

(14%)

Abha

122.1

103.1

(16%)

Makkah

269.6

236.1

(12%)

Buraydah

232.1

213.0

(8%)

Al Khobar

341.0

299.3

(12%)

Madinah

327.3

285.0

(13%)

Dammam

499.9

462.7

(7%)

Jeddah

1460.7

1299.9

(11%)

Riyadh

2938.5

2611.6

(11%)

Other cities

2497.5

2200

(12%)

Total

9004.8

7976.9

(11%)

 
 

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.