POS transactions fall 18% to SAR 8.2 bln in week ending April 17: SAMA

21/04/2021 Argaam Special


The point-of-sale (POS) transactions fell by 18% to SAR 8.2 billion in the week ending April 17, 2021, from SAR 10 billion in the previous week, data issued by the Saudi Central Bank (SAMA) showed.

 

Data showed that a total of 81.6 million transactions were processed in the week ending April 17.

 

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%)

 

All sectors witnessed a decline in POS during the week ending April 17, led by hotels, which fell by 48% through sales amounting to SAR 84.4 million. It was followed by restaurants and cafes that fell by 37%.

 

Consumer spending focused on food and beverages sector during the week, valued at nearly SAR 1.69 billion, followed by restaurants and cafes with sales of SAR 757.2 million and clothes and footwear with SAR 692.6 million.

 

POS Transactions by Sector (SAR mln)

Sector

Transactions’ value 

Week ending April 10

Transactions’ value

Week ending April 17

Weekly variation

Hotels

160.9

84.4

(48%)

Restaurants & Cafes

1203.1

757.2

(37%)

Jewelry

288.5

203.9

(29%)

Clothes & footwear

933.0

692.6

(26%)

Furniture

450.6

341.3

(24%)

Construction materials

424.6

325.0

(24%)

Education

100.3

76.5

(24%)

Recreation & Culture

267.6

214.1

(20%)

Electronics & electric appliances

342.4

277.6

(19%)

Miscellaneous goods & services

838.5

691.6

(18%)

Healthcare

675.5

572.8

(15%)

Transport

472.4

410.9

(13%)

Public Utilities

86.3

75.5

(13%)

Fuel stations

470.7

419.0

(11%)

Food & Beverages

1743.0

1689.6

(3%)

Telecommunications

102.3

101.2

(1%)

Other

1483.4

1263.8

(15%)

Total

10043.1

8196.8

(18%)

 

 

Riyadh topped the POS transactions by cities in terms of value with nearly SAR 2.53 billion, representing 31% of the total sales. Jeddah came second with over SAR 1.31 billion.

 

POS Transactions by Cities (SAR mln)

City

Transactions’ value

Week ending April 10

Transactions’ value

Week ending April 17

Weekly variation

Riyadh

3136.2

2532.1

(19%)

Jeddah

1695.9

1307.3

(23%)

Dammam

556.6

456.8

(18%)

Al Madinah

363.5

297.9

(18%)

Makkah

330.5

297.1

(10%)

Al Khobar

354.2

258.4

(27%)

Buraydah

256.2

211.8

(17%)

Tabuk

173.1

145.6

(16%)

Hail

162.0

138.1

(15%)

Abha

139.4

107.0

(23%)

Other cities

2875.6

2444.7

(15%)

Total

10043.1

8196.8

(18%)

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