POS transactions retreat 7% to SAR 9.02 bln in week ending Aug. 7: SAMA

11/08/2021 Argaam Special


The point-of-sale (POS) transactions declined by 7% to SAR 9.02 billion in the week ending Aug. 7, from SAR 9.71 billion in the previous week, data issued by the Saudi Central Bank (SAMA) showed.

 

Data showed that a total of 105.7 million transactions were processed in the week ending Aug. 7.

 

POS transactions represent what is spent by consumers using ATM cards and credit cards in shopping malls, retail stores, pharmacies, etc.

 

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%)

July 11 – 17

106481

9528.0

+2%

July 18 – 24

84706

6123.8

(36%)

July 25 – 31

106791

9713.3

+59%

Aug. 1- 7

105714

9020.7

(7%)

 
 

Last week witnessed a decline in all sectors, except for education and hotels, which increased by 44% and 5%, respectively.

 

Food and beverages sector led the decline, falling 15% in the week. It was followed by telecommunications sector with an 11% decline.

 

Consumer spending focused on the food and beverages sector in the week ending Aug. 7, with nearly SAR 1.36 billion, representing 15% of POS transactions, followed by restaurants and cafes sector with SAR 1.29 billion, accounting for 3% of POS transactions.

 

POS Transactions by Sector (SAR mln)

Segment

Transactions’ Value Week Ending July 31

Transactions’ Value Week Ending Aug. 7

Weekly Variation

Food & Beverages

1604.1

1360.8

(15%)

Telecommunications

102.3

90.9

(11%)

Transport

577.4

524.8

(9%)

Furniture

311.4

285.8

(8%)

Clothes & Footwear

644.3

593.2

(8%)

Healthcare

748.2

698.1

(7%)

Miscellaneous Goods & Services

960.9

901.8

(6%)

Fuel Stations

623.3

589.0

(6%)

Recreation & Culture

246.3

234.6

(5%)

Public Utilities

88.2

84.8

(4%)

Construction Materials

353.6

340.5

(4%)

Jewelry

227.1

219.3

(3%)

Electronics & Electric Appliances

297.6

287.5

(3%)

Restaurants & Cafes

1327.1

1287.2

(3%)

Hotels

206.0

216.1

5%

Education

66.5

95.6

44%

Other

1329.0

1210.9

(9%)

Total

9713.3

9020.7

(7%)

 
 

Riyadh topped the POS transactions by cities in terms of value with nearly SAR 2.69 billion, representing 30% of the total sales. Jeddah came second with SAR 1.45 billion.

 

POS Transactions by City (SAR mln)

City

Transactions’ Value Week Ending July 31

Transactions’ Value Week Ending Aug. 7

Weekly Variation

Riyadh

2793.1

2688.9

(4%)

Jeddah

1506.0

1452.6

(4%)

Dammam

468.1

457.8

(2%)

Madinah

360.8

325.9

(10%)

Al Khobar

298.4

294.5

(1%)

Makkah

301.5

281.1

(7%)

Buraydah

244.3

219.4

(10%)

Abha

209.1

200.7

(4%)

Tabuk

179.2

156.9

(12%)

Hail

174.2

144.6

(17%)

Other cities

3178.7

2798.2

(12%)

Total

9713.3

9020.7

(7%)

 

 

 For more data, visit Argaam Tools

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