POS transactions fall 11% to SAR 7.3 bln in week ending April 24: SAMA

28/04/2021 Argaam Special


The point-of-sale (POS) transactions fell by 11% to SAR 7.3 billion in the week ending April 24, 2021, from SAR 8.2 billion in the previous week, data issued by the Saudi Central Bank (SAMA) showed.

 

Data showed that a total of 72.2 million transactions were processed in the week ending April 24.

 

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%)

April 11–17

81624

8196.8

(18%)

April 18–24

72190

7315.1

(11%)

 

 

Most of the sectors witnessed a decline in POS during the week ending April 24, led by food and beverages, which fell by 33%. It was followed by education that fell by 14%.

 

Consumer spending focused on food and beverages sector during the week, valued at nearly SAR 1.13 billion, followed by clothes and footwear with sales of SAR 820.3 million and restaurants and cafes with SAR 662.4 million.

 

POS Transactions by Sector (SAR mln)

Sector

Transactions’ value Week ending April 17

Transactions’ value Week ending April 24

Weekly variation

Food & Beverages

1689.6

1125.5

(33%)

Education

76.5

65.9

(14%)

Public Utilities

75.5

65.5

(13%)

Electronics & electric appliances

277.6

241.8

(13%)

Restaurants & Cafes

757.2

662.4

(13%)

Furniture

341.3

304.5

(11%)

Miscellaneous goods & services

691.6

623.9

(10%)

Construction materials

325.0

295.2

(9%)

Fuel stations

419.0

382.9

(9%)

Recreation & Culture

214.1

207.8

(3%)

Telecommunications

101.2

100.2

(1%)

Healthcare

572.8

567.5

(1%)

Transport

410.9

432.0

+5%

Clothes & footwear

692.6

820.3

+18%

Hotels

84.4

102.1

+21%

Jewelry

203.9

251.4

+23%

Other

1263.8

1066.3

(16%)

Total

8196.8

7315.1

(11%)

 

 

Riyadh topped the POS transactions by cities in terms of value with nearly SAR 2.3 billion, representing 31% of the total sales. Jeddah came second with over SAR 1.22 billion.

 

POS Transactions by Cities (SAR mln)

City

Transactions’ value Week ending April 17

Transactions’ value Week ending April 24

Weekly variation

Riyadh

3136.2

2298.6

(9%)

Jeddah

1695.9

1216.0

(7%)

Dammam

556.6

413.3

(10%)

Makkah

330.5

288.7

(3%)

Al Madinah

363.5

260.1

(13%)

Al Khobar

354.2

245.0

(5%)

Buraydah

256.2

184.6

(13%)

Tabuk

173.1

125.0

(14%)

Hail

162.0

122.4

(11%)

Abha

139.4

96.9

(9%)

Other cities

2875.6

2064.5

(16%)

Total

10043.1

7315.1

(11%)

 
 

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