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POS transactions reports SAR 10.2 bln in week ending Sept. 4: SAMA
Electronic Payment Machine
The point-of-sale (POS) transactions retreated to SAR 10.2 billion in the week ended Sept. 4, from SAR 10.5 billion in the previous week, data issued by the Saudi Central Bank (SAMA) showed.
Data showed that a total of 112.4 million transactions were processed in the week.
POS transactions represent what is spent by consumers using ATM cards and credit cards in shopping malls, retail stores, pharmacies, etc.
|
Weekly POS Transactions |
|||
|
Week |
Number of Transactions (’000) |
Transactions’ Value |
Variation in Value |
|
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 |
(13%) |
|
March 14- 20 |
86005 |
8458.2 |
(1%) |
|
March 21- 27 |
86553 |
8820.9 |
+4% |
|
March 28- April 3 |
101622 |
11375.0 |
+29% |
|
April 4- 10 |
96104 |
10043.1 |
(12%) |
|
April 11- 17 |
81624 |
8196.8 |
(18%) |
|
April 18- 24 |
72190 |
7315.1 |
(11%) |
|
April 25- May 1 |
91781 |
10731.1 |
+47% |
|
May 2- 8 |
94300 |
10877.5 |
+1% |
|
May 9- 15 |
90900 |
8621.7 |
(21%) |
|
May 16- 22 |
82211 |
7054.1 |
(18%) |
|
May 23- 29 |
96535 |
9168.3 |
+30% |
|
May 30- June 5 |
102397 |
9499.1 |
+4% |
|
June 6- 12 |
100417 |
8876.8 |
(7%) |
|
June 13- 19 |
94783 |
8289.6 |
(7%) |
|
June 20- 26 |
94112 |
8357.9 |
+1% |
|
June 27- July 3 |
111340 |
10749.8 |
+29% |
|
July 4 – 10 |
104460 |
9352.1 |
(13%) |
|
July 11 – 17 |
106481 |
9528.0 |
+2% |
|
July 18 – 24 |
84706 |
6123.8 |
(36%) |
|
July 25 – 31 |
106791 |
9713.3 |
+59% |
|
Aug. 1- 7 |
105714 |
9020.7 |
(7%) |
|
Aug. 8-14 |
104697 |
8714.5 |
(3%) |
|
Aug. 15-21 |
96937 |
8002.2 |
(8%) |
|
Aug. 22-28 |
110497 |
10539.9 |
+32% |
|
Aug. 29- Sept. 4 |
112375 |
10196.7 |
(3%) |
During the past week, education topped the declining sectors, with a fall of 18%, followed by clothing and footwear sector with 15%.
On the other hand, miscellaneous goods and services sector recorded an increase of 5% in POS during the same period.
Consumer spending focused on the food and beverages sector in the week, with nearly SAR 1.54 billion, representing 15% of POS transactions, followed by restaurants and cafes sector with SAR 1.3 billion.
|
POS Transactions by Sector (SAR mln) |
|||
|
Segment |
Transactions’ Value Week Ending Aug. 28 |
Transactions’ Value Week Ending Sept. 4 |
Weekly Variation |
|
Education |
698.2 |
571.1 |
(18%) |
|
Clothes & Footwear |
757.8 |
641.3 |
(15%) |
|
Hotels |
178.6 |
152.9 |
(14%) |
|
Food & Beverages |
1616.6 |
1538.4 |
(5%) |
|
Jewelry |
193.8 |
188.9 |
(3%) |
|
Fuel Stations |
629.0 |
616.5 |
(2%) |
|
Restaurants & Cafes |
1309.0 |
1294.7 |
(1%) |
|
Recreation & Culture |
361.1 |
357.9 |
(1%) |
|
Healthcare |
737.2 |
734.1 |
(0.4%) |
|
Telecommunications |
126.7 |
126.4 |
(0.2%) |
|
Transport |
570.7 |
573.6 |
+0.5% |
|
Electronic & Electric Devices |
304.6 |
307.5 |
+1% |
|
Furniture |
306.3 |
311.8 |
+2% |
|
Construction & Building Materials |
335.2 |
341.5 |
+2% |
|
Public Utilities |
93.6 |
96.6 |
+3% |
|
Miscellaneous Goods & Services |
925.4 |
972.1 |
+5% |
|
Other |
1396.2 |
1371.3 |
(2%) |
|
Total |
10539.9 |
10196.7 |
(3%) |
Riyadh topped the POS transactions by cities in terms of value with nearly SAR 3.24 billion, representing 32% of the total sales. Jeddah came second with SAR 1.6 billion.
|
POS Transactions by City (SAR mln) |
|||
|
City |
Transactions’ Value Week Ending Aug. 28 |
Transactions’ Value Week Ending Sept. 4 |
Weekly Variation |
|
Riyadh |
3269.0 |
3242.2 |
(1%) |
|
Jeddah |
1648.0 |
1620.1 |
(2%) |
|
Dammam |
555.8 |
548.4 |
(1%) |
|
Madinah |
387.0 |
369.2 |
(5%) |
|
Al Khobar |
352.4 |
343.7 |
(2%) |
|
Makkah |
346.5 |
331.6 |
(4%) |
|
Buraydah |
251.8 |
247.5 |
(2%) |
|
Tabuk |
204.3 |
196.8 |
(4%) |
|
Hail |
170.8 |
162.7 |
(5%) |
|
Abha |
174.1 |
155.3 |
(11%) |
|
Other Cities |
3180.1 |
2979.3 |
(6%) |
|
Total |
10539.9 |
10196.7 |
(3%) |
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