POS weekly transactions decline to SAR 11.5B: SAMA
POS device
Point-of-sale (POS) transactions in Saudi Arabia totaled approximately SAR 11.46 billion for the week ended March 23, down from SAR 11.69 billion in the previous week.
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The number of POS transactions reached about 160.25 million last week, according to data issued by SAMA.
POS transactions represent consumer expenditures through debit and credit cards at major shopping centers, retail outlets, pharmacies, and others.
Weekly POS Transactions |
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Week |
Number of Transactions (‘000) |
Value of Transactions |
Change (%) |
March 5 - March 11 |
174,654 |
13,209.3 |
(9%) |
March 12 - March 18 |
163,255 |
11,999.2 |
(9%) |
March 19 - March 25 |
146,312 |
11,040.4 |
(8%) |
March 26 - April 1 |
150,207 |
12,704.2 |
+15% |
April 2 - April 8 |
153,826 |
12,580.8 |
(1%) |
April 9 - April 15 |
156,734 |
13,039.3 |
+4% |
April 16 - April 22 |
153,692 |
12,004.0 |
(8%) |
April 23 - April 29 |
155,411 |
10,377.6 |
(14%) |
April 30 - May 6 |
172,577 |
11,592.9 |
+12% |
May 7 - May 13 |
171,464 |
10,890.2 |
(6%) |
May 14 - May 20 |
160,857 |
10,092.0 |
(7%) |
May 21 - May 27 |
163,445 |
10,705.0 |
+6% |
May 28 - June 3 |
188,590 |
13,815.2 |
+29% |
June 4 - June 10 |
173,918 |
11,686.9 |
(15%) |
June 11 - June 17 |
175,694 |
11,651.8 |
(0.3%) |
June 18 - June 24 |
171,662 |
12,295.7 |
+6% |
June 25 - July 1 |
177,776 |
12,123.1 |
(1%) |
July 2 - July 8 |
166,489 |
11,189.6 |
(8%) |
July 9 - July 15 |
171,246 |
10,919.2 |
(2%) |
July 16 - July 22 |
159,618 |
10,120.9 |
(7%) |
July 23 - July 29 |
173,387 |
11,917.3 |
+18% |
July 30 – Aug. 5 |
183,645 |
12,664.7 |
+6% |
Aug. 6 – Aug. 12 |
178,956 |
11,969.1 |
(5%) |
Aug. 13 – Aug. 19 |
172,775 |
12,020.6 |
+0.4% |
Aug. 20 – Aug. 26 |
166,097 |
11,367.7 |
(5%) |
Aug. 27 – Sept. 2 |
195,602 |
13,836.3 |
+22% |
Sept. 3 – Sept. 9 |
180,155 |
11,326.9 |
(18%) |
Sept. 10 – Sept. 16 |
181,876 |
11,186.1 |
(1%) |
Sept. 17 – Sept. 23 |
173,910 |
10,869.2 |
(3%) |
Sept. 24 – Sept. 30 |
191,142 |
13,624.6 |
+25% |
Oct. 1 – Oct. 7 |
189,423 |
12,145.5 |
(11%) |
Oct. 8 – Oct. 14 |
183,772 |
11,146.7 |
(8%) |
Oct. 15 – Oct. 21 |
169,962 |
10,056.6 |
(10%) |
Oct. 22 – Oct. 28 |
186,331 |
12,301.9 |
+22% |
Oct. 29 – Nov. 4 |
193,290 |
12,779.8 |
+4% |
Nov. 5 – Nov. 11 |
185,865 |
11,500.1 |
(10%) |
Nov. 12 – Nov. 18 |
180,221 |
11,271.4 |
(2%) |
Nov. 19 – Nov. 25 |
171,930 |
11,247.8 |
(0.2%) |
Nov. 26 – Dec. 2 |
204,688 |
14,874.1 |
+32% |
Dec. 3 – Dec. 9 |
187,765 |
12,067.1 |
(19%) |
Dec. 10 – Dec. 16 |
186,657 |
11,637.5 |
(4%) |
Dec. 17 – Dec. 23 |
171,770 |
10,701.7 |
(8%) |
Dec. 24 – Dec. 30 |
198,191 |
13,989.3 |
+31% |
Dec. 31 – Jan. 6, 2024 |
198,013 |
13,393.8 |
(4%) |
Jan. 7– Jan. 13 |
191,673 |
12,347.1 |
(8%) |
Jan. 14– Jan. 20 |
172,823 |
10,607.7 |
(14%) |
Jan. 21– Jan. 27 |
178,011 |
11,039.9 |
+4% |
Jan. 28- Feb. 3 |
204,897 |
14,327.4 |
+30% |
Feb. 4- Feb. 10 |
188,307 |
11,873.1 |
(17%) |
Feb. 11- Feb. 17 |
191,200 |
11,965.4 |
+1% |
Feb. 18- Feb. 24 |
186,346 |
12,137.9 |
+1% |
Feb. 25- March 2 |
212,770 |
16,209.2 |
+34% |
March 3- March 9 |
206,227 |
14,768.8 |
(9%) |
March 10- March 16 |
168,615 |
11,688.2 |
(21%) |
March 17- March 23 |
160,246 |
11,461 |
(2%) |
The education sector declined the most, dipping by 32% week-on-week (WoW), followed by the food and beverage sector (F&B) by 23%.
On the other hand, the jewelry sector led the sectors in terms of increase with a surge of 60%. It was followed by clothing and footwear (30%) and hotels (13%).
Consumer spending was focused on the F&B sector, totaling SAR 1.74 billion during the week, followed by the miscellaneous goods and services sector with SAR 1.36 billion.
POS Transactions by Sector (SAR mln) |
|||
Sector |
Value of Transactions in Week Ended March 16 |
Value of Transactions in Week Ended March 23 |
Weekly Change (%) |
Education |
140.3 |
95.6 |
(32%) |
F&B |
2,264.9 |
1,735.1 |
(23%) |
Public Utilities |
85.5 |
73.6 |
(14%) |
Furniture |
314.3 |
296.7 |
(6%) |
Construction & Building Materials |
307.6 |
291.3 |
(5%) |
Electronic & Electric Devices |
224 |
213.7 |
(5%) |
Gas Stations |
771.9 |
742.5 |
(4%) |
Miscellaneous Goods & Services |
1,386.4 |
1,356.7 |
(2%) |
Telecommunications |
99 |
102.0 |
3 % |
Restaurants & Cafes |
1,225.8 |
1,279.6 |
4 % |
Health |
693.5 |
726.9 |
5 % |
Transportation |
673.5 |
719.8 |
7 % |
Recreation & Culture |
224.1 |
246.5 |
10 % |
Hotels |
271.3 |
307.1 |
13 % |
Clothing & Footwear |
914.9 |
1192.9 |
30 % |
Jewelry |
189.1 |
302.8 |
60 % |
Others |
1,901.9 |
1,778.3 |
(6%) |
Total |
11,688.2 |
11,461.0 |
(2%) |
Riyadh led in terms of POS value during the week with approximately SAR 3.81 billion, representing 33.2% of the total. Jeddah came in second with SAR 1.68 billion, as follows:
POS Transactions by City (SAR mln) |
|||
City |
Value of Transactions in Week Ended March 16 |
Value of Transactions in Week Ended March 23 |
Weekly Change (%) |
Riyadh |
3,879.4 |
3,809.7 |
(2%) |
Jeddah |
1,636.9 |
1,679.2 |
3 % |
Makkah |
632.0 |
678.5 |
7 % |
Dammam |
594.9 |
575.3 |
(3%) |
Madinah |
460.2 |
459.6 |
(0.1%) |
Al Khobar |
316.6 |
321.3 |
1 % |
Buraydah |
269.4 |
262.6 |
(3%) |
Tabuk |
218.3 |
207.0 |
(5%) |
Hail |
180.9 |
166.3 |
(8%) |
Abha |
129.4 |
124.6 |
(4%) |
Other Cities |
3,370.2 |
3,176.9 |
(6%) |
Total |
11,688.2 |
11,461.0 |
(2%) |
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