POS transactions fall 13% to SAR 9.4 bln in week ending July 10

14/07/2021 Argaam Special

POS device


The point-of-sale (POS) transactions declined by 13% to SAR 9.35 billion in the week ending July 10, 2021, from SAR 10.75 billion in the previous week, data issued by the Saudi Central Bank (SAMA) showed.

 

Data showed that a total of 104.46 million transactions were processed during the week.

 

Weekly POS Transactions

Week

Number of Transactions ('000)

Transactions’ value
(SAR mln)

Variation in value

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%)

April 25- May 1

91781

10731.1

+47%

May 2- 8

94300

10877.5

+1%

May 9- 15

90900

8621.7

(21%)

May 16- 22

82211

7054.1

(18%)

May 23- 29

96535

9168.3

+30%

May 30- June 5

102397

9499.1

+4%

June 6- 12

100417

8876.8

(7%)

June 13- 19

94783

8289.6

(7%)

June 20- 26

94112

8357.9

+1%

June 27- July 3

111340

10749.8

+29%

July 4-10

104460

9352.1

(13%)

 

 

The POS of all sectors fell during the week ending July10, led by the education and food & beverages sectors, which dropped by 22% each, followed by the telecommunications sector, which moved down 18%.

 

Consumer spending focused on food & beverages sector during the same week, valued at nearly SAR 1.33 billion, followed by restaurants & cafes sector with SAR 1.27 billion and the miscellaneous goods & services sector with SAR 894.6 million.

 

POS Transactions by Sector in Week Ending July 10

(SAR mln)

Sector

Transactions’ value

Ending July 3

Transactions’ value

Ending July 10

Weekly variation

Education

59.5

46.3

(22%)

Food & Beverages

1696.2

1327.8

(22%)

Telecommunications

132.5

109.2

(18%)

Recreation & Culture

284.2

238.0

(16%)

Miscellaneous Goods & Services

1050.4

894.6

(15%)

Healthcare

856.1

735.7

(14%)

Jewelry

297.1

255.6

(14%)

Hotels

222.9

191.9

(14%)

Transport

628.2

555.2

(12%)

Public Utilities

97.6

86.6

(11%)

Restaurants & Cafes

1405.1

1267.3

(10%)

Furniture

366.5

333.0

(9%)

Fuel Stations

625.4

572.3

(9%)

Electronics & Electric Appliances

309.8

288.3

(7%)

Construction Materials

392.9

364.7

(7%)

Clothes & Footwear

872.6

820.7

(6%)

Other

1453.0

1265.0

(13%)

Total

10749.8

9352.1

(13%)

 

 

 

Riyadh topped the POS transactions by cities in terms of value with nearly SAR 2.9 billion, representing 31% of the total sales. Jeddah came second with over SAR 1.53 billion.

 

POS Transactions by Cities in Week Ending July 10

(SAR mln)

City

Transactions’ value

week ending July 3

Transactions’ value

week ending July 10

Weekly variation

Riyadh

3208.8

2900.5

(10%)

Jeddah

1699.4

1527.4

(10%)

Dammam

551.3

487.1

(12%)

Madinah

393.3

332.5

(16%)

Al Khobar

353.1

317.9

(10%)

Makkah

338.8

274.6

(19%)

Buraydah

260.5

229.7

(12%)

Abha

211.5

187.0

(12%)

Tabuk

207.2

162.6

(22%)

Hail

190.6

154.1

(19%)

Other cities

3335.3

2778.6

(17%)

Total

10749.8

9352.1

(13%)

 

 

 

For more data, visit Argaam Tools

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