POS weekly transactions hit SAR 11.2 bln: SAMA

08/06/2022 Argaam Special

 


The point-of-sale (POS) transactions reached around SAR 11.17 billion in the week ended June 4, compared to around SAR 10.97 billion in the previous week, data issued by the Saudi Central Bank (SAMA) showed.

 

Data showed that 144.7 million transactions were processed last week.  

  

POS transactions represent consumer spending through ATMs and credit cards in shopping malls, retail stores, pharmacies, etc.  

   

The following table shows the weekly POS transactions: 

 

Weekly POS Transactions  

Week  

Number of Transactions (’000)  

Value of Transactions
(SAR mln)  

Change in Value  

May 23- 29, 2021

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. 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- 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%)

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%

April 17-23

112462

10424.4

+4%

April 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%

 

 

Education sector was the top performer, rising by 104%. It was followed by electronic and electric appliances (15%) and telecommunications (9%).

 

 On the other hand, hotels sector saw the steepest decline by 25%, followed by restaurants & cafes sector declining by 3%.

 

Consumer spending was focused on the food & beverages sector in the week, with nearly SAR 1.71 billion, representing 15% of total sales, followed by the restaurants & cafes sector with SAR 1.58 billion.  

 

The below table highlights consumer spending by sector:

 

POS Transactions by Sector (SAR mln)

Sector

Transaction Value Week Ended May 28

Transaction Value Week Ended June 4

Weekly Change

Education

96.0

195.9

104 %

Electronic & Electric Appliances

360.7

413.3

15 %

Telecommunications

92.7

101.3

%

Entertainment & Culture

253.8

268

%

Miscellaneous Goods & Services

1,159.0

1,222.4

%

Furniture

290.7

305.5

%

Transportation

641.3

659.7

3 %

Clothing & Footwear

642.2

663.1

3 %

Health

796.6

819.4

3 %

Construction & Building Materials

380.2

386.1

2 %

Public Utilities

88.6

90.6

2 %

Jewelry

220.2

221.4

1 %

Gas Stations

709.3

700.6

(1%)

Food & Beverages

1,735.5

1,707.4

(2%)

Restaurants & Cafes

1,628.4

1,583.2

(3%)

Hotels

248.9

186.9

(25%)

Other

1,626.9

1,643.0

1 %

Total

10,971.0

11,168.0

2 %

 

 

Riyadh topped the POS transactions in terms of value, with nearly SAR 3.46 billion, representing 31% of the total sales. Jeddah came second with SAR 1.72 billion.

 

POS Transactions by City (SAR mln)

City

Transaction Value Week Ended May 28

Transaction Value Week Ended June 4

Weekly Change

Riyadh

3,356.6

3,459.9

3 %

Jeddah

1,682.1

1,721.3

2 %

Dammam

589.9

627.2

6 %

Madinah

407.3

398.0

(2%)

Makkah

387.1

378.4

(2%)

Al Khobar

347.3

362.6

4 %

Buraydah

272.1

272.1

--

Tabuk

218.3

219.5

1 %

Hail

190.4

188.6

(1%)

Abha

175.3

162.6

(7%)

Other Cities

3,344.6

3,377.8

1 %

Total

10,971.0

11,168.0

2 %

 

 

Details and historical data of consumer spending 

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