POS weekly transactions rise to SAR 14B: SAMA

03/04/2024 Argaam

POS weekly transactions rise to SAR 14B: SAMA

POS device


Point-of-sale (POS) transactions in Saudi Arabia totaled approximately SAR 14.03 billion for the week ended March 30, up from SAR 11.46 billion in the previous week.

 

For more POS data on Argaam Tools

 

The number of POS transactions reached about 174.06 million last week, according to data issued by SAMA.

 

POS transactions represent consumer expenditures through debit and credit cards at major shopping centers, retail outlets, pharmacies, and others.

 

Weekly POS Transactions

Week

Number of Transactions

(‘000)

Value of Transactions
(SAR mln)

Change (%)

March 5 - March 11

174,654

13,209.3

(9%)

March 12 - March 18

163,255

11,999.2

(9%)

March 19 - March 25

146,312

11,040.4

(8%)

March 26 - April 1

150,207

12,704.2

+15%

April 2 - April 8

153,826

12,580.8

(1%)

April 9 - April 15

156,734

13,039.3

+4%

April 16 - April 22

153,692

12,004.0

(8%)

April 23 - April 29

155,411

10,377.6

(14%)

April 30 - May 6

172,577

11,592.9

+12%

May 7 - May 13

171,464

10,890.2

(6%)

May 14 - May 20

160,857

10,092.0

(7%)

May 21 - May 27

163,445

10,705.0

+6%

May 28 - June 3

188,590

13,815.2

+29%

June 4 - June 10

173,918

11,686.9

(15%)

June 11 - June 17

175,694

11,651.8

(0.3%)

June 18 - June 24

171,662

12,295.7

+6%

June 25 - July 1

177,776

12,123.1

(1%)

July 2 - July 8

166,489

11,189.6

(8%)

July 9 - July 15

171,246

10,919.2

(2%)

July 16 - July 22

159,618

10,120.9

(7%)

July 23 - July 29

173,387

11,917.3

+18%

July 30 – Aug. 5

183,645

12,664.7

+6%

Aug. 6 – Aug. 12

178,956

11,969.1

(5%)

Aug. 13 – Aug. 19

172,775

12,020.6

+0.4%

Aug. 20 – Aug. 26

166,097

11,367.7

(5%)

Aug. 27 – Sept. 2

195,602

13,836.3

+22%

Sept. 3 – Sept. 9

180,155

11,326.9

(18%)

Sept. 10 – Sept. 16

181,876

11,186.1

(1%)

Sept. 17 – Sept. 23

173,910

10,869.2

(3%)

Sept. 24 – Sept. 30

191,142

13,624.6

+25%

Oct. 1 – Oct. 7

189,423

12,145.5

(11%)

Oct. 8 – Oct. 14

183,772

11,146.7

(8%)

Oct. 15 – Oct. 21

169,962

10,056.6

(10%)

Oct. 22 – Oct. 28

186,331

12,301.9

+22%

Oct. 29 – Nov. 4

193,290

12,779.8

+4%

Nov. 5 – Nov. 11

185,865

11,500.1

(10%)

Nov. 12 – Nov. 18

180,221

11,271.4

(2%)

Nov. 19 – Nov. 25

171,930

11,247.8

(0.2%)

Nov. 26 – Dec. 2

204,688

14,874.1

+32%

Dec. 3 – Dec. 9

187,765

12,067.1

(19%)

Dec. 10 – Dec. 16

186,657

11,637.5

(4%)

Dec. 17 – Dec. 23

171,770

10,701.7

(8%)

Dec. 24 – Dec. 30

198,191

13,989.3

+31%

Dec. 31 – Jan. 6, 2024

198,013

13,393.8

(4%)

Jan. 7– Jan. 13

191,673

12,347.1

(8%)

Jan. 14– Jan. 20

172,823

10,607.7

(14%)

Jan. 21– Jan. 27

178,011

11,039.9

+4%

Jan. 28- Feb. 3

204,897

14,327.4

+30%

Feb. 4- Feb. 10

188,307

11,873.1

(17%)

Feb. 11- Feb. 17

191,200

11,965.4

+1%

Feb. 18- Feb. 24

186,346

12,137.9

+1%

Feb. 25- March 2

212,770

16,209.2

+34%

March 3- March 9

206,227

14,768.8

(9%)

March 10- March 16

168,615

11,688.2

(21%)

March 17- March 23

160,246

11461.0

(2%)

March 24- March 30

174,062

14028.5

+22%

 

During the week, all sectors saw an increase in POS except for the electronic and electric devices sector, which inched down by 0.1% week-on-week (WoW).

 

The clothing and footwear sector led gainers by 52% as Eid Al-Fitr approached, followed by jewelry sector at 33%, and telecommunications at 28%.

 

Consumer spending was focused on the food and beverage (F&B) sector, totaling SAR 2.03 billion during the week. The clothing and footwear sector trailed with total POS transactions worth SAR 1.82 billion, as follows: 

 

POS Transactions by Sector (SAR mln)

Sector

Value of Transactions in Week Ended March 23

Value of Transactions in Week Ended March 30

Weekly Change (%)

Clothing & Footwear

1192.9

1818.4

52%

Jewelry

302.8

403.9

33%

Telecommunications

102.0

131.0

28%

Recreation & Culture

246.5

309.0

25%

Miscellaneous Goods & Services

1356.7

1683.1

24%

Health

726.9

875.3

20%

Hotels

307.1

362.9

18%

Restaurants & Cafes

1279.6

1497.0

17%

F&B

1735.1

2028.3

17%

Furniture

296.7

346.1

17%

Transportation

719.8

835.6

16%

Education

95.6

110.4

15%

Gas Stations

742.5

804.9

8%

Public Utilities

73.6

79.1

7%

Construction & Building Materials

291.3

294.1

1%

Electronic & Electric Devices

213.7

213.5

(0.1%)

Others

1778.3

2236.0

26%

Total

11461.0

14028.5

22%

 
 

Riyadh led in terms of POS value during the week with approximately SAR 4.51 billion, representing 32.1% of the total. Jeddah came in second with SAR 2.03 billion, as follows:

 

POS Transactions by City (SAR mln)

City

Value of Transactions in Week Ended March 23

Value of Transactions in Week Ended March 30

Weekly Change (%)

Riyadh

3809.7

4510.0

18%

Jeddah

1679.2

2031.2

21%

Makkah

678.5

819.4

21%

Dammam

575.3

646.7

12%

Madinah

459.6

592.1

29%

Al Khobar

321.3

352.9

10%

Buraydah

262.6

332.6

27%

Tabuk

207.0

275.2

33%

Hail

166.3

226.8

36%

Abha

124.6

160.4

29%

Other Cities

3176.9

4081.4

28%

Total

11461.0

14028.5

22%

 

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