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POS weekly transactions fall to SAR 9.74 bln: SAMA
POS device
The point-of-sale (POS) transactions reached nearly SAR 9.74 billion in the week ended Dec. 24, compared to SAR 10.74 billion in the week before, data issued by the Saudi Central Bank (SAMA) showed.
Data showed that about 142.4 million transactions were processed during the week.
POS transactions represent what consumers spend using ATMs 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. 4-10 |
153088 |
11050.4 |
(19%) |
|
Dec. 11-17 |
155366 |
10739.3 |
(3%) |
|
Dec. 18-24 |
142409 |
9742.2 |
(9%) |
All sectors saw a decline last week, led by the education sector, which fell 38%. It was followed by the clothes and footwear sector, dropping 14%.
During the week, consumer spending focused on the restaurants and cafes sector, reaching nearly SAR 1.44 billion, followed by the food and beverages sector with SAR 1.43 billion.
The following table details consumer spending in each sector:
|
POS Transactions by Sector (SAR mln) |
|||
|
Sector |
Value of Transactions in Week Ended Dec. 17 |
Value of Transactions in Week Ended Dec. 24 |
Weekly Change |
|
Education |
197.57 |
122.64 |
(38%) |
|
Clothes and Footwear |
763.55 |
658.60 |
(14%) |
|
Jewelry |
195.99 |
172.45 |
(12%) |
|
Miscellaneous Goods and Services |
1,203.06 |
1,060.79 |
(12%) |
|
Recreation and Culture |
284.06 |
254.51 |
(10%) |
|
Fuel Stations |
716.29 |
647.62 |
(10%) |
|
Restaurants and Cafes |
1,581.39 |
1,441.69 |
(9%) |
|
Food and Beverages |
1,563.23 |
1,426.51 |
(9%) |
|
Telecommunications |
85.10 |
78.95 |
(7%) |
|
Public Utilities |
86.18 |
79.96 |
(7%) |
|
Health |
691.53 |
641.67 |
(7%) |
|
Hotels |
273.00 |
260.56 |
(5%) |
|
Electronics and Electric Appliances |
218.77 |
212.16 |
(3%) |
|
Construction Materials |
359.30 |
355.68 |
(1%) |
|
Furniture |
298.95 |
297.73 |
(0.4%) |
|
Transport |
593.16 |
547.79 |
(8%) |
|
Other |
1,628.15 |
1,482.93 |
(9%) |
|
Total |
10,739.28 |
9,742.24 |
(9%) |
Riyadh topped the POS transactions in terms of value with almost SAR 3.3 billion, or 34% of total sales. Jeddah came second with SAR 1.4 billion, as indicated below:
|
POS Transactions by City (SAR mln) |
|||
|
City |
Value of Transactions in Week Ended Dec. 17 |
Value of Transactions in Week Ended Dec. 24 |
Weekly Change |
|
Riyadh |
3,576.0 |
3,295.2 |
(8%) |
|
Jeddah |
1,548.2 |
1,419.8 |
(8%) |
|
Dammam |
574.1 |
525.9 |
(8%) |
|
Makkah |
426.9 |
402.3 |
(6%) |
|
Madinah |
421.6 |
382.4 |
(9%) |
|
Al Khobar |
323.3 |
302.4 |
(6%) |
|
Buraydah |
260.9 |
236.1 |
(9%) |
|
Tabuk |
194.4 |
168.3 |
(13%) |
|
Hail |
173.3 |
150.0 |
(13%) |
|
Abha |
131.4 |
120.4 |
(8%) |
|
Other Cities |
3,109.1 |
2,739.3 |
(12%) |
|
Total |
10,739.3 |
9,742.2 |
(9%) |
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