POS weekly transactions drop to SAR 10.7 bln: SAMA
POS device
The point-of-sale (POS) transactions reached nearly SAR 10.7 billion in the week ended Dec. 17, compared to SAR 11.1 billion in the week before, data issued by the Saudi Central Bank (SAMA) showed.
Data showed that about 155.4 million transactions were processed during the week.
POS transactions represent what consumers spend using ATM and credit cards in shopping malls, retail stores, pharmacies, etc.
The following table shows the weekly development in POS transactions:
Weekly POS Transactions |
|||
Week |
Number of Transactions (’000) |
Value of Transactions |
Weekly Change |
Jan. 2-8, 2022 |
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-Mar. 5 |
139521 |
12018.0 |
+28% |
Mar. 6-12 |
135386 |
10807.9 |
(10%) |
Mar. 13-19 |
128050 |
10735.3 |
(0.6%) |
Mar. 20-26 |
128246 |
10667.8 |
(0.6%) |
Mar. 27-Apr. 2 |
153351 |
14051.5 |
+32% |
Apr. 3-9 |
110387 |
9640.0 |
(31%) |
Apr. 10-16 |
114444 |
9990.8 |
+4% |
Apr. 17-23 |
112462 |
10424.4 |
+4% |
Apr. 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%) |
June 19-25 |
126682 |
9421.8 |
(5%) |
June 26-July 2 |
159518 |
13434.0 |
+43% |
July 3-9 |
151178 |
12090.5 |
(10%) |
July 10-16 |
122999 |
8067.2 |
(33%) |
July 17-23 |
125027 |
8947.0 |
+11% |
July 24-30 |
147102 |
11422.3 |
+28% |
July 31-Aug. 6 |
145051 |
10803.1 |
(5%) |
Aug. 7-13 |
143471 |
10302.2 |
(5%) |
Aug. 14-20 |
138608 |
10191.1 |
(1%) |
Aug. 21-27 |
142718 |
11586.2 |
+14% |
Aug. 28-Sept. 3 |
162486 |
13502.0 |
+17% |
Sept. 4-10 |
147651 |
10588.1 |
(22%) |
Sept. 11-17 |
147526 |
10243.8 |
(3%) |
Sept. 18-24 |
142432 |
10425.5 |
+1% |
Sept. 25-Oct. 1 |
160613 |
12844.9 |
+23% |
Oct. 2-8 |
154383 |
10819.8 |
(16%) |
Oct. 9-15 |
151340 |
10265.2 |
(5%) |
Oct. 16-22 |
138928 |
9513.2 |
(7%) |
Oct. 23-29 |
156360 |
11687.2 |
+23% |
Oct. 30-Nov. 5 |
160288 |
11750.0 |
+1% |
Nov. 6-Nov. 12 |
154213 |
10601.1 |
(10%) |
Nov. 13-Nov. 19 |
145626 |
9799.2 |
(8%) |
Nov. 20-Nov. 26 |
142629 |
10022.1 |
+2% |
Nov. 27- Dec. 3 |
171207 |
13681.5 |
+37% |
Dec. 4- Dec. 10 |
153088 |
11050.4 |
(19%) |
Dec. 11- Dec. 17 |
155366 |
10739.3 |
(3%) |
Majority of sectors saw declines during the week, led by education sector at 40%, followed by electronics and electric appliances as well as telecommunications sectors at 8% each.
During the week, consumer spending focused on restaurants and cafes sector, reaching nearly SAR 1.58 billion. It was followed by the food and beverages sector with SAR 1.56 billion.
The following table details consumer spending in each sector:
POS Transactions by Sector (SAR mln) |
|||
Sector |
Value of Transactions in Week Ended Dec. 10 |
Value of Transactions in Week Ended Dec. 17 |
Weekly Change |
Education |
327.4 |
197.6 |
(40%) |
Electronics and Electric Appliances |
237.2 |
218.8 |
(8%) |
Telecommunications |
92.2 |
85.1 |
(8%) |
Jewelry |
209.9 |
196.0 |
(7%) |
Food and Beverages |
1632.4 |
1563.2 |
(4%) |
Miscellaneous Goods and Services |
1232.3 |
1203.1 |
(2%) |
Health |
703.9 |
691.5 |
(2%) |
Public Utilities |
87.3 |
86.2 |
(1%) |
Restaurants and Cafes |
1588.6 |
1581.4 |
(0.5%) |
Clothes and Footwear |
765.3 |
763.6 |
(0.2%) |
Furniture |
299.4 |
299.0 |
(0.2%) |
Recreation and Culture |
280.6 |
284.1 |
+1% |
Fuel Stations |
706.7 |
716.3 |
+1% |
Construction Materials |
354.3 |
359.3 |
+1% |
Transport |
575.7 |
593.2 |
+3% |
Hotels |
258.1 |
273.0 |
+6% |
Other |
1699.0 |
1628.1 |
(4%) |
Total |
11050.4 |
10739.3 |
(3%) |
Riyadh topped the POS transactions in terms of value with almost SAR 3.58 billion, or 33% of total sales. Jeddah came second with SAR 1.55 billion, as indicated below:
POS Transactions by City (SAR mln) |
|||
City |
Value of Transactions in Week Ended Dec. 10 |
Value of Transactions in Week Ended Dec. 17 |
Weekly Change |
Riyadh |
3654.5 |
3576.0 |
(2%) |
Jeddah |
1640.3 |
1548.2 |
(6%) |
Dammam |
600.0 |
574.1 |
(4%) |
Makkah |
417.5 |
426.9 |
+2% |
Madinah |
422.3 |
421.6 |
(0.2%) |
Al Khobar |
336.9 |
323.3 |
(4%) |
Buraydah |
268.2 |
260.9 |
(3%) |
Tabuk |
202.3 |
194.4 |
(4%) |
Hail |
182.5 |
173.3 |
(5%) |
Abha |
139.8 |
131.4 |
(6%) |
Other Cities |
3186.0 |
3109.1 |
(2%) |
Total |
11050.4 |
10739.3 |
(3%) |
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