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POS weekly transactions hit SAR 10.7 bln: SAMA
A POS machine
The point-of-sale (POS) transactions reached SAR 10.74 billion in the week ended March 19, from SAR 10.81 billion in the previous week, data issued by the Saudi Central Bank (SAMA) showed.
Data showed that 128.05 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.
The following table shows the weekly development of POS transactions:
|
Weekly POS Transactions |
|||
|
Week |
Number of Transactions (’000) |
Value of Transactions |
Change in Value |
|
March 7- 13, 2020 |
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%) |
|
Sept. 5-11 |
110220 |
9021.1 |
(12%) |
|
Sept. 12-18 |
104519 |
8373.1 |
(7%) |
|
Sept. 19-25 |
103627 |
8852.0 |
+6% |
|
Sept. 26- Oct. 2 |
119137 |
11027.4 |
+25% |
|
Oct. 3-9 |
113012 |
9157.7 |
(17%) |
|
Oct. 10-16 |
111255 |
8679.0 |
(5%) |
|
Oct. 17-23 |
102766 |
8021.9 |
(8%) |
|
Oct. 24-30 |
118497 |
10345.0 |
+29% |
|
Oct. 31- Nov. 6 |
118141 |
10003.1 |
(3%) |
|
Nov. 7-13 |
115481 |
9173.8 |
(8%) |
|
Nov. 14-20 |
107843 |
8459.4 |
(8%) |
|
Nov. 21-27 |
112231 |
9418.4 |
+11% |
|
Nov. 28- Dec. 4 |
129984 |
12059.1 |
+28% |
|
Dec. 5-11 |
120149 |
10010.9 |
(17%) |
|
Dec. 12-18 |
113088 |
9048.2 |
(10%) |
|
Dec. 19- 25 |
107557 |
8646.2 |
(4%) |
|
Dec. 26- Jan. 1, 2022 |
132018 |
11839.9 |
+37% |
|
Jan. 2- Jan. 8 |
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-March 5 |
139521 |
12018.0 |
+28% |
|
March 6-12 |
135386 |
10807.9 |
(10%) |
|
March 13-19 |
128050 |
10735.3 |
(0.6%) |
Most sectors witnessed a decline in POS transactions during the week, led by education sector, which fell by 47%. It was followed by health and gas stations sectors, declining of 7% each.
On the other hand, hotels sector saw a 19% increase in POS transactions to SAR 304.4 million.
Consumer spending focused on the restaurants and cafes sector in the week, with nearly SAR 1.58 billion, representing 15% of total sales, followed by the food and beverage sector with SAR 1.54 billion.
The following table gives details of consumer spending in each sector:
|
POS Transactions by Sector (SAR mln) |
|||
|
Sector |
Transaction Value Week Ended March 12 |
Transaction Value Week Ended March 19 |
Weekly Change |
|
Education |
141.2 |
74.9 |
(47%) |
|
Health |
719.9 |
667.5 |
(7%) |
|
Gas Stations |
703.9 |
656.6 |
(7%) |
|
Public Utilities |
80.5 |
75.4 |
(6%) |
|
Telecommunications |
95.3 |
89.8 |
(6%) |
|
Miscellaneous Goods and Services |
1,112.8 |
1,062.2 |
(5%) |
|
Transportation |
561.2 |
543.5 |
(3%) |
|
Food & Beverages |
1,572.8 |
1,539.4 |
(2%) |
|
Electronic & Electric Appliances |
288.2 |
282.3 |
(2%) |
|
Construction and Building Materials |
429.7 |
429.7 |
-- |
|
Recreation and Culture |
298.0 |
298.2 |
+ 0.1 % |
|
Restaurants and Cafes |
1,545.9 |
1,575.1 |
+ 2 % |
|
Furniture |
360.9 |
390.8 |
+ 8 % |
|
Jewelry |
201.5 |
218.7 |
+ 9 % |
|
Clothing and Footwear |
854.1 |
930.0 |
+ 9 % |
|
Hotels |
256.5 |
304.4 |
+ 19 % |
|
Other |
1,585.6 |
1,596.8 |
+ 1 % |
|
Total |
10,807.9 |
10,735.3 |
(1%) |
Riyadh topped the POS transactions by cities in terms of value, with nearly SAR 3.35 billion, representing 31% of the total sales. Jeddah came second with SAR 1.82 billion.
|
POS Transactions by City (SAR mln) |
|||
|
City |
Transaction Value Week Ending March 12 |
Transaction Value Week Ending March 19 |
Weekly Change |
|
Riyadh |
3407.6 |
3345.2 |
(2%) |
|
Jeddah |
1713.8 |
1816.8 |
+6% |
|
Dammam |
595.4 |
586.3 |
(2%) |
|
Makkah |
392.4 |
418.1 |
+7% |
|
Madinah |
404.4 |
416.4 |
+3% |
|
Al Khobar |
344.9 |
359.5 |
+4% |
|
Buraydah |
268.9 |
259.1 |
(4%) |
|
Tabuk |
195.6 |
172.9 |
(12%) |
|
Hail |
176.7 |
163.2 |
(8%) |
|
Abha |
142.3 |
144.8 |
+2% |
|
Other Cities |
3165.9 |
3053.0 |
(4%) |
|
Total |
10807.9 |
10735.3 |
(1%) |
Related News
| POS weekly transactions hit SAR 10.8 bln: SAMA |
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