POS transactions fall 13% to SAR 8.55 bln in week ending March 13: SAMA

17/03/2021 Argaam Special

POS device


The point-of-sale (POS) transactions dropped 13% to SAR 8.55 billion in the week ending March 13, 2021, from SAR 9.88 billion in the previous week, data issued by the Saudi Central Bank (SAMA) showed.

 

A total of 87.8 million transactions were processed in the week ending March 13.

 

Weekly POS Transactions

Week

No. of transactions

(‘000)

Transactions’ value

(SAR mln)

Variation in Value

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%)

Jan. 24-30

85085

9302.2

+24%

Jan. 31- Feb. 6

83184

8555.9

(8%)

Feb. 7-13

78653

7631.0

(11%)

Feb. 14-20

75594

7188.2

(6%)

Feb. 21-27

74531

7341.8

+2%

Feb. 28 – March 6

91204

9879.4

+35%

March 7-13

87814

8548.6

(13%)

 

All sectors declined, except for Restaurants & Cafes, which rose by 5%.

 

Education led the decliners with a 40% drop, followed by Food & Beverages and Recreation & Culture, which fell by 25% and 19%, respectively.

 

Consumer spending focused on Food & Beverages sector during the week, valued at nearly SAR 1.3 billion, followed by Restaurants & Cafes with SAR 1.1 billion, and Miscellaneous Goods & Services with SAR 752.3 million.

 

POS Transactions by Sector (SAR mln)

Sector

Transactions’ value Week ending March 6

Transactions’ value Week ending March 13

Weekly Variation

Education

134.6

81.4

(40%)

Food & Beverages

1727.7

1301.2

(25%)

Recreation & Culture

323.6

261.5

(19%)

Telecommunications

109.4

90.4

(17%)

Transport

539.7

446.6

(17%)

Healthcare

789.3

661.8

(16%)

Miscellaneous Goods & Services

884.8

752.3

(15%)

Furniture

425.9

366.3

(14%)

Jewelry

316.7

274.0

(13%)

Electronics & Electric Appliances

345.4

307.4

(11%)

Public Utilities

88.9

79.8

(10%)

Clothes & Footwear

703.8

640.3

(9%)

Hotels

136.0

125.3

(8 %)

Construction Materials

448.1

424.7

(5%)

Fuel Stations

473.5

450.4

(5%)

Restaurants & Cafes

1052.6

1103.6

+5%

Other

1379.2

1181.4

(14%)

Total

9879.4

8548.6

(13%)

 

 

Riyadh topped the POS transactions by cities in terms of value with SAR 2.68 billion, representing 31% of the total sales. Jeddah came second with SAR 1.42 billion. 

 

POS Transactions by Cities in Week (SAR mln)

City

Transactions’ value

Week ending March 6

Transactions’ value

Week ending March 13

Weekly variation

Riyadh

2998.9

2678.4

(11%)

Jeddah

1556.1

1424.0

(8%)

Dammam

543.2

463.6

(15%)

Madinah

377.5

323.9

(14%)

Al Khobar

315.5

294.3

(7%)

Makkah

334.8

280.7

(16%)

Buraydah

255.3

225.4

(12%)

Tabuk

196.7

153.2

(22%)

Hail

178.8

148.0

(17%)

Abha

131.1

115.4

(12%)

Other cities

2991.4

2441.6

(18%)

Total

9879.4

8548.6

(13%)

 
 
 

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