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POS weekly transactions hit SAR 9.8 bln: SAMA
The point-of-sale (POS) transactions reached nearly SAR 9.8 billion in the week ended Nov. 19, compared to SAR 10.6 billion in the week before, data issued by the Saudi Central Bank (SAMA) showed.
Data showed that about 145.63 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%) |
All sectors saw declines last week, except for the education and the telecommunications sectors, which rose by 21% and 9%, respectively.
The jewelry sector recorded the steepest decline by 10%. The food and beverages, clothes and footwear and miscellaneous goods and services sectors came next at 9%.
During the week, consumer spending focused on the food and beverages sector, reaching nearly SAR 1.45 billion, representing almost 14.8% of total sales. It was followed by the restaurants and cafes sector at SAR 1.44 billion, representing 14.6% of sales.
The following table details consumer spending in each sector:
|
POS Transactions by Sector (SAR mln) |
|||
|
Sector |
Value of Transactions in Week Ended No. 12 |
Value of Transactions in Week Ended Nov. 19 |
Weekly Change |
|
Jewelry |
185.81 |
166.54 |
(10%) |
|
Clothes and Footwear |
715.53 |
648.27 |
(9%) |
|
Healthcare |
747.05 |
683.33 |
(9%) |
|
Miscellaneous Goods and Services |
1,170.06 |
1,062.91 |
(9%) |
|
Restaurants and Cafes |
1,576.09 |
1,439.51 |
(9%) |
|
Food and Beverages |
1,594.81 |
1,447.20 |
(9%) |
|
Fuel Stations |
711.25 |
653.91 |
(8%) |
|
Public Utilities |
86.61 |
80.00 |
(8%) |
|
Electronics and Electric Appliances |
263.20 |
245.52 |
(7%) |
|
Hotels |
238.61 |
222.07 |
(7%) |
|
Furniture |
305.30 |
288.53 |
(6%) |
|
Construction Materials |
369.76 |
355.26 |
(4%) |
|
Recreation and Culture |
239.41 |
229.15 |
(4%) |
|
Transport |
629.63 |
602.54 |
(4%) |
|
Telecommunications |
85.84 |
93.15 |
+9% |
|
Education |
95.41 |
115.32 |
+21% |
|
Other |
1,586.73 |
1,465.98 |
(8%) |
|
Total |
10,601.10 |
9,799.18 |
(8%) |
Riyadh topped the POS transactions in value with almost SAR 3.22 billion, representing 33% of total sales. Jeddah came second with SAR 1.45 billion, as indicated below:
|
POS Transactions by City (SAR mln) |
|||
|
City |
Value of Transactions in Week Ended Nov. 19 |
Value of Transactions in Week Ended Nov. 12 |
Weekly Change |
|
Riyadh |
3,395.69 |
3,222.32 |
(5%) |
|
Jeddah |
1,588.52 |
1,456.83 |
(8%) |
|
Dammam |
573.74 |
545.0 |
(5%) |
|
Makkah |
392.63 |
366.93 |
(7%) |
|
Madinah |
398.64 |
365.97 |
(8%) |
|
Al Khobar |
328.47 |
302.98 |
(8%) |
|
Buraydah |
256.46 |
239.23 |
(7%) |
|
Tabuk |
201.17 |
178.31 |
(11%) |
|
Hail |
177.64 |
164.98 |
(7%) |
|
Abha |
137.68 |
126.47 |
(8%) |
|
Other Cities |
3,150.49 |
2,830.71 |
(10%) |
|
Total |
10,601.10 |
9,799.18 |
(8%) |
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