POS transactions fall 4% to SAR 7.23 bln in week ending Nov. 21

25/11/2020 Argaam Special


The point-of-sale (POS) transactions fell by 4% to SAR 7.23 billion in the week ending Nov. 21, 2020, from SAR 7.52 billion in the previous week, data issued by the Saudi Central Bank (SAMA) showed. 

 

Data showed that a total of 70.1 million transactions were processed in the week ending Nov. 21.  

 

Weekly POS Transactions 

Week 

No. of transactions 

(‘000) 

Transactions’ value 

(SAR mln) 

Variation in Value 

May 10 - 16 

38132 

6002.6 

-- 

May 17 - 23 

41324 

6491.3 

+8% 

May 24 - 30 

29082 

3253.2 

(50%) 

May 31 – June 6 

50281 

7854.4 

+141% 

June 7 - 13 

48209 

7295.8 

(7%) 

June 14 - 20 

46704 

7261.2 

(0.5%) 

June 20 - 27 

53786 

9191.3 

+27% 

June 28 - July 4 

62811 

10467.1 

+14% 

July 5-11 

58929 

6704.6 

(36%) 

July 12-18 

57092 

6529.7 

(3%) 

July 19-25 

57513 

6803.0 

+4% 

July 26 – Aug. 1 

68315 

8196.8 

+20% 

Aug. 2 - 8 

57243 

6038.2 

(26%) 

Aug. 9 - 15 

61057 

6738.2 

+12% 

Aug. 16 - 22 

58543 

6598.1 

(2%) 

Aug. 23 - 29 

65156 

8548.8 

+30% 

Aug. 30 - Sept. 5 

69654 

8452.8 

(1%) 

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%) 

 

 

All sectors witnessed a decline in POS sales during the week except for the Construction materials, Furniture, Recreation & Culture, and Transport sectors.

 

Jewelry sector fell the most by 12% through sales of SAR 188.3 million, it was followed by the Fuel stations sector and Miscellaneous goods & services by 6% each. 

 

Consumer spending focused on Food & Beverages sector during the week, valued at nearly SAR 1.10 billion, followed by Restaurants & Cafes sector with SAR 964.9 million and the Clothes And Footwear sector with SAR 596.4 million.

 

POS Transactions by Sector (SAR mln) 

Sector 

Transactions’ value Week ending Nov. 14 

Transactions’ value Week ending Nov. 21 

Weekly variation 

Jewelry 

214.4

188.3

(12%)

Fuel stations 

313.9

294.8

(6%)

Miscellaneous goods & services 

580.2

548.1

(6%)

Electronics and electric appliances 

330.9

314.2

(5%)

Healthcare

609.8

580.1

(5%)

Restaurants & Cafes

1012.3

964.9

(5%)

Food & Beverages

1159.8

1098.9

(5%)

Hotels 

139.9

134.8

(4%)

Clothes and footwear 

616.2

596.4

(3%)

Public Utilities

64.2

62.5

(3%)

Telecommunications

67.2

66.3

(1%)

Education

53.9

53.7

(1%)

Construction materials

371.1

374.8

+1%

Recreation & Culture

216.9

219.5

+1%

Transport 

408.8

412.3

+1%

Furniture

319.8

326

 +2%

Other 

1041.5

994.0

(5%)

Total 

7520.7

7229.5

(4%)

 

 

Riyadh topped the POS transactions by cities in terms of value with SAR 2.37 billion, representing 33% of the total sales. Jeddah came second with over SAR 1.16 billion. 

 

POS Transactions by Cities in Week (SAR mln)

City 

Transactions’ value 

Week ending Nov. 14 

Transactions’ value 

Week ending Nov. 21 

Weekly variation 

Riyadh 

2439.0

2371.0

(3%)

Jeddah 

1221.0

1162.5

(5%)

Dammam 

434.7

414.0

(5%)

Al Khobar 

299.0

288.2

(4%)

Madinah 

266.9

253.6

(5%)

Makkah 

219.5

207.4

(6%)

Buraydah 

197.6

194.1

(2%)

Tabuk 

133.5

130.7

(2%)

Hail 

124.9

121.6

(3%)

Abha 

103.2

97.5

(6%)

Other cities 

2081.5

1988.7

(4%)

Total 

7520.7

7229.5

(4%)

 
 

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