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POS weekly transactions hit SAR 10 bln: SAMA
POS device
The point-of-sale (POS) transactions amounted to SAR 10 billion in the week ending April 16, compared to SAR 9.64 billion in the previous week, data issued by the Saudi Central Bank (SAMA) showed.
Data showed that a total of 114.4 million transactions were processed last week.
POS transactions represent what is spent by consumers using their ATM cards and credit cards in shopping malls, retail stores, pharmacies, etc.
|
Weekly POS Transactions |
|||
|
Week |
Number of Transactions ('000) |
Transaction Value |
Change in Value |
|
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% |
|
August 1 - 7 |
105714 |
9020.7 |
(7%) |
|
August 8 - 14 |
104697 |
8714.5 |
(3%) |
|
August 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% |
|
Sept. 3 – Oct. 9 |
113012 |
9157.7 |
(17%) |
|
Sept. 10 – Oct. 16 |
111255 |
8679.0 |
(5%) |
|
Sept. 17 – Oct. 23 |
102766 |
8021.9 |
(8%) |
|
Sept. 24 – Oct. 30 |
118497 |
10345.0 |
+29% |
|
Oct. 30 – 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, 2021 - Jan. 1, 2022 |
132018 |
11839.9 |
+37% |
|
January 2- 8 |
122898 |
10226.8 |
(14%) |
|
January 9- 15 |
120676 |
9505.0 |
(7%) |
|
January 16- 22 |
111506 |
8774.0 |
(8%) |
|
January 23- 29 |
125208 |
10448.9 |
+19% |
|
Jan. 30- Feb. 5 |
129020 |
10548.4 |
+1% |
|
February 6- 12 |
122877 |
9326.1 |
(12%) |
|
February 13- 19 |
118885 |
8819.1 |
(5%) |
|
February 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%) |
|
March 20- 26 |
128246 |
10667.8 |
(0.6%) |
|
March 27- April 2 |
153351 |
14051.5 |
+32% |
|
April 3 - 9 |
110387 |
9640.0 |
(31%) |
|
April 10 - 16 |
114444 |
9990.8 |
+4% |
Sectors witnessed showed mixed performance. Jewellery sector topped risers, leaping 25%, followed by clothes & footwear (21%) and hotels (19%).
On the other hand, education sector led decliners, dropping 24%, followed by electronics & electric appliances (7%).
Consumer spending was focused on the food & beverages sector in the week, with nearly SAR 1.43 billion, representing 14% of POS transactions. It was followed by miscellaneous goods & services sector with SAR 1.01 billion, or 10% of total spending.
|
POS Transactions by Sector in Week (SAR mln) |
|||
|
Segment |
Transaction Value Week Ending April 9 |
Transaction Value Week Ending April 16 |
Weekly Change |
|
Jewelry |
201.5 |
252.1 |
+25% |
|
Clothes & footwear |
956.9 |
1154.5 |
+21% |
|
Hotels |
253.4 |
302.4 |
+19% |
|
Restaurants & cafes |
897.2 |
1027.1 |
+15% |
|
Transport |
557.8 |
589.8 |
+6% |
|
Fuel stations |
611.8 |
627.1 |
+3% |
|
Healthcare |
685.8 |
703.8 |
+3% |
|
Furniture |
323.9 |
326.0 |
+1% |
|
Miscellaneous goods & services |
1019.8 |
1014.6 |
(1%) |
|
Construction materials |
321.5 |
315.2 |
(2%) |
|
Recreation & culture |
249.6 |
242.3 |
(3%) |
|
Public utilities |
75.9 |
72.3 |
(5%) |
|
Food & beverages |
1521.5 |
1427.8 |
(6%) |
|
Telecommunications |
104.9 |
98.5 |
(6%) |
|
Electronics & electric appliances |
252.0 |
233.7 |
(7%) |
|
Education |
96.6 |
73.1 |
(24%) |
|
Other |
1509.9 |
1530.6 |
+1% |
|
Total |
9640.0 |
9990.8 |
+4% |
Riyadh topped the POS transactions by cities in terms of value with nearly SAR 3.01 billion, representing 30% of the total sales. Jeddah came second with SAR 1.64 billion.
|
POS Transactions by City (SAR mln) |
|||
|
City |
Transaction Value Week Ending April 9 |
Transaction Value Week Ending April 16 |
Weekly Change |
|
Riyadh |
2934.7 |
3013.6 |
+3% |
|
Jeddah |
1525.9 |
1641.5 |
+8% |
|
Dammam |
536.7 |
547.7 |
+2% |
|
Madinah |
366.5 |
393.9 |
+8% |
|
Al Khobar |
289.2 |
301.4 |
+4% |
|
Buraidah |
233.7 |
235.5 |
+1% |
|
Makkah |
549.1 |
613.6 |
+12% |
|
Abha |
117.8 |
122.8 |
+4% |
|
Hail |
154.4 |
152.7 |
(1%) |
|
Tabuk |
174.7 |
174.5 |
(0.1%) |
|
Other cities |
2757.3 |
2793.5 |
+1% |
|
Total |
9640.0 |
9990.8 |
+4% |
Related News
| POS weekly transactions hit SAR 9.6 bln: SAMA |
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