POS transactions fall 8% to SAR 7.51 bln in the week ending Jan. 23

27/01/2021 Argaam Special

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The point-of-sale (POS) transactions fell by 8% to SAR 7.51 billion in the week ending Jan. 23, 2021, from SAR 8.18 billion in the previous week, data issued by the Saudi Central Bank (SAMA) showed.

 

Data showed that a total of 72.5 million transactions were processed in the week ending Jan. 23, 2021.

 

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%)

Dec. 13-19

73145

7484.8

(6%)

Dec. 20- 26

72225

7602.0

+2%

Dec. 27- Jan. 2, 2021

90695

10738.1

+41%

Jan. 3- 9

81579

8516.5

(21%)

Jan. 10- 16

81146

8184.2

(4%)

Jan. 17- 23

72492

7509.7

(8%)

 

 

All sectors witnessed a decline in POS sales during the week except for the Education sector, which rose by 190% to SAR 406.1 million.

 

Hotels sector fell the most by 34% to SAR 154.6 million. It was followed by Clothes & Footwear sector which dropped by 22%.

 

Consumer spending focused on the Food & Beverages sector during the week, valued at nearly SAR 1.09 billion, followed by the Restaurants & Cafes sector with SAR 982.6 million and the Miscellaneous Goods & Services sector with SAR 596.02 million.

 

POS Transactions by Sector (SAR mln)

Sector

Transactions’ value

Week ending
Jan. 16, 2020

Transactions’ value
Week ending
Jan. 23, 2021

Weekly variation

Education

140.0

406.1

+190%

Construction materials

381.0

375.0

(2%)

Recreation & Culture

292.1

287.3

(2%)

Electronics & Electric Appliances

271.0

263.6

(3%)

Telecommunications

68.6

66.7

(3%)

Healthcare

623.0

577.7

(7%)

Public Utilities

67.4

62.7

(7%)

Miscellaneous goods & services

650.7

596.0

(8%)

Transport

428.3

394.8

(8%)

Furniture

314.7

281.7

(10%)

Food & Beverages

1207.7

1089.4

(10%)

Fuel stations

382.4

327.8

(14%)

Jewelry

239.5

203.6

(15%)

Restaurants & Cafes

1192.9

982.6

(18%)

Clothes & Footwear

641.9

499.6

(22%)

Hotels

233.7

154.6

(34%)

Other

1049.3

940.4

(10%)

Total

8184.2

7509.7

(8%)

 
 
Riyadh topped the POS transactions by cities in terms of value with SAR 2.48 billion, representing 33% of the total sales. Jeddah came second with over SAR 1.28 billion.

 

POS Transactions by Cities in Week (SAR mln)

City

Transactions’ value

Week ending
Jan. 16, 2020

Transactions’ value
Week ending
Jan. 23, 2021

Weekly variation

Riyadh

2587.7

2475.0

(4%)

Jeddah

1437.5

1281.2

(11%)

Dammam

459.7

439.7

(4%)

Al Khobar

318.0

284.2

(11%)

Madinah

314.2

277.0

(12%)

Makkah

259.7

227.9

(12%)

Buraydah

210.0

195.8

(7%)

Tabuk

124.8

119.3

(4%)

Hail

132.2

115.7

(12%)

Abha

88.7

91.6

+3%

Other cities

2251.6

2002.4

(11%)

Total

8184.2

7509.7

(8%)

 

 

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