POS transactions drop 6% to SAR 7.48 bln in week ending Dec. 19: SAMA

23/12/2020 Argaam Special

POS device


The point-of-sale (POS) transactions fell by 6% to SAR 7.48 billion in the week ending Dec. 19, 2020, from SAR 7.98 billion in the previous week, data issued by the Saudi Central Bank (SAMA) showed.

 

Data showed that a total of 73.1 million transactions were processed in the week ending Dec. 19.

 

Weekly POS Transactions

Week

No. of transactions

(‘000)

Transactions’ value

(SAR mln)

Variation in Value

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%)

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%)

 
 

All sectors witnessed a decline in POS sales during the week, except for Construction Materials, which rose slightly during the week ending Dec. 19, 2020.

 

The Education sector led the decline with a fall of about 15%, with SAR 65.8 million sales. It was followed by the Recreation & Culture sector that eased nearly 14%.

 

Consumer spending focused on Food & Beverages sector during the week, valued at nearly SAR 1.13 billion, followed by Restaurants & Cafes sector with SAR 994.6 million and Miscellaneous Goods & Services sector with SAR 626.5 million.

 

POS Transactions by Sector (SAR mln)

Sector

Transactions’ value

Week ending Dec. 12

Transactions’ value Week ending Dec. 19

Weekly variation

Clothes and footwear

723.2

626.4

(13%)

Construction materials

397.1

398.8

+ 0.4 %

Education

77.0

65.8

(15%)

Electronics and electric appliances

280.9

275.8

(2%)

Fuel stations

319.6

298.3

(7%)

Healthcare

623.0

588.7

(6%)

Furniture

349.3

342.3

(2%)

Hotels

139.0

133.6

(4%)

Public Utilities

67.3

63.3

(6%)

Jewelry

218.7

211.7

(3%)

Miscellaneous goods & services

662.6

626.5

(5%)

Recreation & Culture

286.5

247.8

(14%)

Restaurants & Cafes

1054.4

994.6

(6%)

Food & Beverages

1192.2

1133.2

(5%)

Telecommunications

75.4

68.0

(10%)

Transport

425.7

410.8

(4%)

Other

1085.1

999.4

(8%)

Total

7976.9

7484.8

(6%)

 
 
 

Riyadh topped the POS transactions by cities in terms of value with SAR 2.46 billion, representing 33% of the total sales. Jeddah came second with over SAR 1.23 billion.

 

POS Transactions by City (SAR mln)

City

Transactions’ value
Week ending

Dec. 12

Transactions’ value

Week ending Dec. 19

Weekly variation

Tabuk

136.6

124.5

(9%)

Hail

129.5

120.8

(7%)

Abha

103.1

96.9

(6%)

Makkah

236.1

223.5

(5%)

Buraydah

213.0

195.2

(8%)

Al Khobar

299.3

282.1

(6%)

Madinah

285.0

266.2

(7%)

Dammam

462.7

426.4

(8%)

Jeddah

1299.9

1230.7

(5%)

Riyadh

2611.6

2464.7

(6%)

Other cities

2200

2053.8

(7%)

Total

7976.9

7484.8

(6%)

 
 

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