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‎POS weekly transactions hit SAR 10.6 bln: SAMA

‎POS weekly transactions hit SAR 10.6 bln: SAMA thumbnail

POS weekly transactions hit SAR 10.6 bln: SAMA

POS device


The point-of-sale (POS) transactions reached nearly SAR 10.60 billion in the week ended Nov. 12, compared to SAR 11.75 billion in the week before, data issued by the Saudi Central Bank (SAMA) showed.

Data showed that about 154.21 million transactions were processed during the week.

POS transactions represent what consumers spend using ATM and credit cards in shopping malls, retail stores, pharmacies, etc.

The following table shows the weekly development in POS transactions:

Weekly POS Transactions

Week

Number of Transactions

(’000)

Value of Transactions


(SAR mln)

Weekly Change

Jan. 2-8, 2022

122898

10226.8

(14%)

Jan. 9-15

120676

9505.0

(7%)

Jan. 16-22

111506

8774.0

(8%)

Jan. 23-29

125208

10448.9

+19%

Jan. 30-Feb. 5

129020

10548.4

+1%

Feb. 6-12

122877

9326.1

(12%)

Feb. 13-19

118885

8819.1

(5%)

Feb. 20-26

120587

9407.8

+7%

Feb. 27-Mar. 5

139521

12018.0

+28%

Mar. 6-12

135386

10807.9

(10%)

Mar. 13-19

128050

10735.3

(0.6%)

Mar. 20-26

128246

10667.8

(0.6%)

Mar. 27-Apr. 2

153351

14051.5

+32%

Apr. 3-9

110387

9640.0

(31%)

Apr. 10-16

114444

9990.8

+4%

Apr. 17-23

112462

10424.4

+4%

Apr. 24-30

153055

15971.6

+53%

May 1-7

120147

8402.9

(47%)

May 8-14

128325

9318.6

+11%

May 15-21

124158

8810.7

(5%)

May 22-28

139381

10971.0

+25%

May 29-June 4

144698

11168.0

+2%

June 5-11

142458

10344.7

(7%)

June 12-18

135206

9928.9

(4%)

June 19-25

126682

9421.8

(5%)

June 26-July 2

159518

13434.0

+43%

July 3-9

151178

12090.5

(10%)

July 10-16

122999

8067.2

(33%)

July 17-23

125027

8947.0

+11%

July 24-30

147102

11422.3

+28%

July 31-Aug. 6

145051

10803.1

(5%)

Aug. 7-13

143471

10302.2

(% 5)

Aug. 14-20

138608

10191.1

(1%)

Aug. 21-27

142718

11586.2

+14%

Aug. 28-Sept. 3

162486

13502.0

+17%

Sept. 4-10

147651

10588.1

(22%)

Sept. 11-17

147526

10243.8

(3%)

Sept. 18-24

142432

10425.5

+1%

Sept. 25-Oct. 1

160613

12844.9

+23%

Oct. 2-8

154383

10819.8

(16%)

Oct. 9-15

151340

10265.2

(5%)

Oct. 16-22

138928

9513.2

(7%)

Oct. 23-29

156360

11687.2

+23%

Oct. 30- Nov. 5

160288

11750.0

+1%

Nov. 6 – Nov. 12

154213

10601.1

(10%)

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All sectors declined, except for the hotels rose by 2% week-on-week (WoW). The education sector was the biggest decliner, dropping 37%. It was followed by jewelry that fell by 18%.

During the week, consumer spending focused on the food and beverages sector, reaching nearly SAR 1.59 billion, representing almost 15% of total sales. It was followed by the restaurants and cafes sector at SAR 1.58 billion, representing 14.9% of sales. 

The following table details consumer spending in each sector:

POS Transactions by Sector (SAR mln)

Sector

Value of Transactions in Week Ended Nov. 5

Value of Transactions in Week Ended Nov. 12

Weekly Change

Education

150.77

95.41

(37%)

Jewelry

225.76

185.81

(18%)

Telecommunications

102.53

85.84

(16%)

Recreation and Culture

278.40

239.41

(14%)

Food and Beverages

1839.52

1594.81

(13%)

Miscellaneous Goods and Services

1325.83

1170.06

(12%)

Transport

706.20

629.63

(12%)

Clothes and Footwear

799.29

715.53

(11%)

Healthcare

831.81

747.05

(10%)

Public Utilities

93.75

86.61

(8%)

Furniture

323.77

305.30

(6%)

Restaurants and Cafes

1653.11

1576.09

(5%)

Electronics and Electric Appliances

274.61

263.20

(4%)

Fuel Stations

734.76

711.25

(3%)

Construction Materials

378.68

369.76

(2%)

Hotels

235.09

238.61

+2%

Other

1796.12

1586.73

(12%)

Total

11750.00

10601.10

(10%)

Riyadh topped the POS transactions in value with almost SAR 3.40 billion, representing 32% of total sales. Jeddah came second with SAR 1.59 billion, as indicated below:

POS Transactions by City (SAR mln)

City

Value of Transactions in Week Ended Nov. 5

Value of Transactions in Week Ended Nov. 12

Weekly Change

Riyadh

3725.95

3395.69

(9%)

Jeddah

1740.44

1588.52

(9%)

Dammam

630.85

573.74

(9%)

Madinah

439.34

398.64

(9%)

Makkah

438.66

392.63

(11%)

Al Khobar

351.89

328.47

(7%)

Buraydah

290.63

256.46

(12%)

Tabuk

238.02

201.17

(16%)

Hail

202.56

177.64

(12%)

Abha

156.80

137.68

(12%)

Other Cities

3534.86

3150.49

(11%)

Total

11750.00

10601.10

(10%)

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Details and Historical Data of Consumer Spending

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