POS transactions fall 12% to SAR 10 bln in week ending April 10: SAMA

14/04/2021 Argaam Special

A POS terminal


The point-of-sale (POS) transactions fell by 12% to SAR 10 billion in the week ending April 10, 2021, from SAR 11.4 billion in the previous week, data issued by the Saudi Central Bank (SAMA) showed.

 

Data showed that a total of 96.1 million transactions were processed in the week ending April 10.

 

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%)

March 14-20

86005

8458.2

(1%)

March 21-27

86553

8820.9

+4%

March 28-April 3

101622

11375.0

+29%

April 4–10

96104

10043.1

(12%)

 

 

All sectors witnessed a decline in POS during the week ending April 10, led by education, which fell by 23% through sales amounting to SAR 100.3 million. It was followed by telecommunications that fell by 17%.

 

Consumer spending focused on food & beverages sector during the week, valued at nearly SAR 1.74 billion, followed by restaurants and cafes with sales of SAR 1.20 billion and clothes & footwear with SAR 933 million.

 

POS Transactions by Sector (SAR mln)

Sector

Transactions’ value 

Week ending April  3

Transactions’ value

Week ending April 10

Weekly variation

Education

130.1

100.3

(23%)

Telecommunications

122.6

102.3

(17%)

Miscellaneous goods & services

995.4

838.5

(16%)

Healthcare

802.1

675.5

(16%)

Recreation & Culture

319.3

267.6

(16%)

Transport

548.6

472.4

(14%)

Clothes & footwear

1077.2

933.0

(13%)

Jewelry

333.0

288.5

(13%)

Public Utilities

96.7

86.3

(11%)

Food & Beverages

1928.6

1743.0

(10%)

Electronics and electric appliances

381.7

342.4

(10%)

Restaurants & Cafes

1324.6

1203.1

(9%)

Construction materials

467.4

424.6

(9%)

Hotels

177.0

160.9

(9%)

Fuel stations

512.1

470.7

(8%)

Furniture

487.4

450.6

(8%)

Other

1671.3

1483.4

(11%)

Total

11375.0

10043.1

(12%)

 

 

Riyadh topped the POS transactions by cities in terms of value with nearly SAR 3.14 billion, representing 31% of the total sales. Jeddah came second with over SAR 1.7 billion.

 

POS Transactions by Cities (SAR mln)

City

Transactions’ value

Week ending April 3

Transactions’ value

Week ending April 10

Weekly variation

Riyadh

3459.4

3136.2

(9 %)

Jeddah

1858.8

1695.9

(9%)

Dammam

613.0

556.6

(9%)

Al Madinah

427.3

363.5

(15%)

Al Khobar

393.9

354.2

(10%)

Makkah

377.8

330.5

(13%)

Buraydah

287.6

256.2

(11%)

Tabuk

217.8

173.1

(21%)

Hail

201.0

162.0

(19%)

Abha

160.4

139.4

(13%)

Other cities

3377.8

2875.6

(15%)

Total

11375.0

10043.1

(12%)

 

 

For More Reports

 

 

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.