KSA's PoS transactions drop by 71m in April as consumers forgo eating out during Ramadan

Follow-ups -eshrag News:

Sun, 2022-06-05 19:03

RIYADH: The total number of point-of-sale transactions in Saudi Arabia fell in April by 71 million compared to March, according to data collected by Arab News from a recent monthly report from the Saudi Central Bank, also known as SAMA.

The restaurants and cafes sector accounted for the bulk of the decline in activity, with a decrease of 61.2 million transactions during Ramadan which took place in April this year. Food and beverage transactions followed suit with a decrease of 11.2 million.

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