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POS device
The point-of-sale (POS) transactions reached around SAR 9.93 billion in the week ended June 18, compared to around SAR 10.34 billion in the previous week, data issued by the Saudi Central Bank (SAMA) showed.
Data showed that 135.21 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 |
Change in Value |
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% |
June 5-11 |
142458 |
10344.7 |
(7%) |
June 12-18 |
135206 |
9928.9 |
(4%) |
Electronic and electric devices sector led the decline, with a 30% drop. It was followed by education (25%), and, food and beverages (7%).
On the other hand, jewelry and hotels sectors took the lead among rising sectors with a 9% increase each, followed by clothing and footwear sector at 4%.
Consumer spending was focused on the restaurants and cafe sector in the week, at nearly SAR 1.47 billion, representing 15% of total sales, followed by the food and beverages sector with SAR 1.38 billion.
The below table highlights consumer spending by sector:
POS Transactions by Sector (SAR mln) |
|||
Sector |
Transaction Value Week Ended June 11 |
Transaction Value Week Ended June 18 |
Weekly Change |
Electronic & Electric Devices |
348.1 |
244.3 |
(30%) |
Education |
141.8 |
106.9 |
(25%) |
Beverages & Food |
1486.7 |
1382.4 |
(7%) |
Gas Stations |
688.3 |
645.1 |
(6%) |
Miscellaneous Goods & Services |
1116.5 |
1073.5 |
(4%) |
Recreation & Culture |
256.5 |
245.5 |
(4%) |
Health |
766.0 |
733.7 |
(4%) |
Restaurants & Cafe |
1513.8 |
1469.7 |
(3%) |
Telecommunication |
89.0 |
86.1 |
(3%) |
Public Utilities |
88.6 |
87.9 |
(1%) |
Transportation |
613.1 |
608.1 |
(1%) |
Construction & Building Materials |
384.1 |
383.3 |
(0.2%) |
Furniture |
288.2 |
290.5 |
+1% |
Clothing & Footwear |
641.7 |
667.0 |
+4% |
Hotels |
174.8 |
189.6 |
+9% |
Jewelry |
216.0 |
236.4 |
+9% |
Other |
1531.1 |
1479.0 |
(3%) |
Total |
10,344.7 |
9,928.9 |
(4%) |
Riyadh topped the POS transactions in terms of value, with nearly SAR 3.16 billion, representing 32% of the total sales. Jeddah came second with SAR 1.6 billion.
POS Transactions by City (SAR mln) |
|||
City |
Transaction Value Week Ended June 11 |
Transaction Value Week Ended June 18 |
Weekly Change |
Riyadh |
3,244.5 |
3,159.9 |
(3%) |
Jeddah |
1,627.3 |
1,600.4 |
(2%) |
Dammam |
584.8 |
555.7 |
(5%) |
Madinah |
368.0 |
349.4 |
(5%) |
Al Khobar |
332.2 |
321.8 |
(3%) |
Makkah |
343.7 |
320.8 |
(7%) |
Buraydah |
258.6 |
251.1 |
(3%) |
Tabuk |
195.1 |
182.3 |
(7%) |
Hail |
171.2 |
159.5 |
(7%) |
Abha |
146.8 |
150.1 |
+2% |
Other Cities |
3,072.4 |
2,877.8 |
(6%) |
Total |
10,344.7 |
9,928.9 |
(4%) |
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POS weekly transactions hit SAR 10.3 bln: SAMA |
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