POS transactions grow 29% to SAR 11.4 bln in week ending April 3: SAMA

07/04/2021 Argaam Special


The point-of-sale (POS) transactions rose by 29% to SAR 11.4 billion in the week ending April 3, 2021, from SAR 8.82 billion in the previous week, data issued by the Saudi Central Bank (SAMA) showed.

 

Data showed that a total of 101.6 million transactions were processed in the week ending April 3.

 

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%)

March 21-27

86553

8820.9

+4%

March 28-April 3

101622

11375.0

+29%

 

Most of the sectors witnessed a rise in POS during the week ending April 3, led by education, which leapt by 110% through sales of SAR 130.1 million. It was followed by telecommunications and clothes & footwear sectors, with 44% and 11% increase, respectively.

 

Consumer spending focused on food & beverages sector during the week, valued at nearly SAR 1.93 billion, followed by restaurants and cafes sector with sales of SAR 1.32 billion and clothes & footwear sector with SAR 1.08 billion in sales.

 

POS Transactions by Sector (SAR mln)

Sector

Transactions’ value 

Week ending March 27

Transactions’ value

Week ending April 3

Weekly variation

Education

61.8

130.1

+110%

Telecommunications

85.3

122.6

+44%

Clothes & footwear

764.5

1077.2

+41%

Food & Beverages

1398.1

1928.6

+38%

Hotels

129.4

177.0

+37%

Miscellaneous goods & services

731.4

995.4

+36%

Healthcare

629.6

802.1

+27%

Recreation & Culture

253.4

319.3

+26%

Transport

442.6

548.6

+24%

Public Utilities

78.4

96.7

+23%

Furniture

400.1

487.4

+22%

Restaurants & Cafes

1091.6

1324.6

+21%

Fuel stations

426.2

512.1

+20%

Electronics and electric appliances

327.4

381.7

+17%

Construction materials

436.1

467.4

+7%

Jewelry

316.2

333.0

+5%

Other

1248.7

1671.3

+34%

Total

8820.9

11375.0

+29%

 
 

Riyadh topped the POS transactions by cities in terms of value with nearly SAR 3.46 billion, representing 30% of the total sales. Jeddah came second with over SAR 1.86 billion.

 

POS Transactions by Cities (SAR mln)

City

Transactions’ value

Week ending March 27

Transactions’ value

Week ending April 3

Weekly variation

Riyadh

2825.9

3459.4

+22%

Jeddah

1438.3

1858.8

+29%

Dammam

489.7

613.0

+25%

Al Madinah

322.2

427.3

+33%

Al Khobar

311.3

393.9

+27%

Makkah

276.6

377.8

+37%

Buraydah

234.7

287.6

+23%

Tabuk

150.0

217.8

+45%

Hail

145.8

201.0

+38%

Abha

118.9

160.4

+35%

Other cities

2507.6

3377.8

+35%

Total

8820.9

11375.0

+29%


 

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