The point-of-sale (POS) transactions fell by 1% to SAR 8.46 billion in the week ending March 20, 2021, from SAR 8.55 billion in the previous week, data issued by the Saudi Central Bank (SAMA) showed.
Data showed that a total of 86 million transactions were processed in the week ending March 6, the highest since the start of monitoring weekly POS operations in May 2020.
|
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 |
(1%) |
|
March 14-20 |
86005 |
8458.2 |
(13%) |
Most of the sectors witnessed a decline in POS sales during the week ending March 20, led by education, which dropped by 17% through sales of SAR 67.8 million. It was followed by hotels and fuel stations sectors, with 8% and 6% decline, respectively.
Consumer spending focused on food & beverages sector during the week, valued at nearly SAR 1.26 billion, followed by restaurants and cafes sector with sales of SAR 1.08 billion and miscellaneous goods & services sector with SAR 717.1 million in sales.
|
POS Transactions by Sector (SAR mln) |
|||
|
Sector |
Transactions’ value Week ending March 13 |
Transactions’ value Weekending March 20 |
Weekly variation |
|
Education |
81.4 |
67.8 |
(17%) |
|
Hotels |
125.3 |
115.8 |
(8%) |
|
Fuel stations |
450.4 |
422.8 |
(6%) |
|
Telecommunications |
90.4 |
85.6 |
(5%) |
|
Healthcare |
661.8 |
627.6 |
(5%) |
|
Public Utilities |
79.8 |
76.1 |
(5%) |
|
Miscellaneous goods & services |
752.3 |
717.1 |
(5%) |
|
Recreation & Culture |
261.5 |
253.6 |
(3%) |
|
Food & Beverages |
1,301.2 |
1,262.6 |
(3%) |
|
Transport |
446.6 |
435.4 |
(3%) |
|
Restaurants & Cafes |
1,103.6 |
1,079.1 |
(2%) |
|
Construction materials |
424.7 |
431.3 |
+2% |
|
Electronics and electric appliances |
307.4 |
313.5 |
+2% |
|
Furniture |
366.3 |
374.5 |
+2% |
|
Clothes and footwear |
640.3 |
700.0 |
+9% |
|
Jewelry |
274.0 |
309.1 |
+13% |
|
Other |
1,181.4 |
1,186.5 |
+0.4% |
|
Total |
8,548.6 |
8,458.2 |
(1%) |
Riyadh topped the POS transactions by cities in terms of value with nearly SAR 2.7 billion, representing 32% of the total sales. Jeddah came second with over SAR 1.39 billion.
|
POS Transactions by Cities (SAR mln) |
|||
|
City |
Transactions’ value Week ending March 13 |
Transactions’ value Week ending March 20 |
Weekly variation |
|
Riyadh |
2,678.4 |
2,700.9 |
+0.8% |
|
Jeddah |
1,424.0 |
1,394.7 |
(2%) |
|
Dammam |
463.6 |
462.5 |
(0.2%) |
|
Al Madinah |
323.9 |
311.8 |
(4%) |
|
Al Khobar |
294.3 |
305.3 |
+4% |
|
Makkah |
280.7 |
267.6 |
(5%) |
|
Buraydah |
225.4 |
224.8 |
(0.2%) |
|
Hail |
148.0 |
144.3 |
(3%) |
|
Tabuk |
153.2 |
144.1 |
(6%) |
|
Abha |
115.4 |
111.5 |
(3%) |
|
Other cities |
2,441.6 |
2,390.8 |
(2%) |
|
Total |
8,548.6 |
8,458.2 |
(1%) |
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