The point-of-sale (POS) transactions rose by 30% to SAR 9.17 billion in the week ending May 29, 2021, from SAR 7.05 billion in the previous week, data issued by the Saudi Central Bank (SAMA) showed.
Data showed that a total of 96.5 million transactions were processed in the week ending May 29.
POS transactions represent what is spent by consumers using their ATM cards and credit cards in shopping malls, retail stores, pharmacies, etc.
|
Weekly POS Transactions |
|||
|
Week |
Number of Transactions (,000) |
Transactions’ value |
Variation in value |
|
Jan. 3- 9 |
81579 |
8516.5 |
(21%) |
|
Jan. 10- 16 |
81146 |
8184.2 |
(4%) |
|
Jan. 17- 23 |
72492 |
7509.7 |
(8%) |
|
Jan. 24- 30 |
85085 |
9302.2 |
+ 24% |
|
Jan. 31- Feb. 6 |
83184 |
8555.9 |
(8%) |
|
Feb. 7- 13 |
78653 |
7631.0 |
(11%) |
|
Feb. 14- 20 |
75594 |
7188.2 |
(6%) |
|
Feb. 21- 27 |
74531 |
7341.8 |
+ 2% |
|
Feb. 28-March 6 |
91204 |
9879.4 |
+ 35% |
|
March 7- 13 |
87814 |
8548.6 |
(13%) |
|
March 14- 20 |
86005 |
8458.2 |
(1%) |
|
March 21- 27 |
86553 |
8820.9 |
+ 4% |
|
March 28- April 3 |
101622 |
11375.0 |
+ 29% |
|
April 4- 10 |
96104 |
10043.1 |
(12%) |
|
April 11- 17 |
81624 |
8196.8 |
(18%) |
|
April 18- 24 |
72190 |
7315.1 |
(11%) |
|
April 25- May 1 |
91781 |
10731.1 |
+ 47% |
|
May 2- 8 |
94300 |
10877.5 |
+ 1% |
|
May 9- 15 |
90900 |
8621.7 |
(21%) |
|
May 16- 22 |
82211 |
7054.1 |
(18%) |
|
May 23- 29 |
96535 |
9168.3 |
+ 30% |
The POS transactions of all sectors rose during the week ending May 29, led by education sector with an increase of 47%, through sales amounting to SAR 69.7 million. It was followed by transport with 45% rise.
Consumer spending focused on food & beverages sector during the week, valued at nearly SAR 1.49 billion, followed by the restaurants & cafes sector with sales of SAR 1.27 billion, and miscellaneous goods & services with SAR 823.5 million.
|
POS Transactions by Sector in Week (SAR mln) |
|||
|
Segment |
Transactions’ value ending May 22 |
Transactions’ value ending May 29 |
Weekly variation |
|
Education |
47.4 |
69.7 |
+47% |
|
Transport |
393.0 |
571.8 |
+45% |
|
Telecommunications |
73.0 |
103.9 |
+42% |
|
Healthcare |
517.3 |
731.7 |
+41% |
|
Clothes & Footwear |
417.4 |
583.6 |
+40% |
|
Furniture |
221.4 |
307.6 |
+39% |
|
Miscellaneous Goods & Services |
593.7 |
823.5 |
+39% |
|
Food & Beverages |
1085.2 |
1487.8 |
+37% |
|
Public Utilities |
64.3 |
84.6 |
+32% |
|
Electronics & Electric Appliances |
236.7 |
297.1 |
+26% |
|
Recreation & Culture |
205.9 |
257.7 |
+25% |
|
Construction materials |
322.2 |
388.9 |
+21% |
|
Fuel Stations |
463.3 |
544.6 |
+18% |
|
Jewelry |
199.0 |
226.5 |
+14% |
|
Restaurants & Cafes |
1122.7 |
1271.1 |
+13% |
|
Hotels |
176.8 |
191.8 |
+8% |
|
Other |
914.7 |
1226.3 |
+34% |
|
Total |
7054.1 |
9168.3 |
+30% |
Riyadh topped the POS transactions by cities in terms of value with SAR 2.77 billion, representing 30% of the total sales. Jeddah came second with SAR 1.44 billion.
|
POS Transactions by Cities in Week (SAR mln) |
|||
|
City |
Transactions’ value ending May 22 |
Transactions’ value ending May 29 |
Weekly variation |
|
Riyad |
2109.7 |
2768.1 |
+31% |
|
Jeddah |
1147.8 |
1439.2 |
+25% |
|
Dammam |
373.9 |
483.0 |
+29% |
|
Madinah |
254.9 |
330.1 |
+30% |
|
Al Khobar |
270.6 |
322.1 |
+19% |
|
Makkah |
206.6 |
280.6 |
+36% |
|
Buraydah |
190.3 |
231.3 |
+22% |
|
Tabuk |
117.0 |
171.9 |
+47% |
|
Hail |
119.3 |
160.7 |
+35% |
|
Abha |
114.7 |
157.9 |
+38% |
|
Other cities |
2149.3 |
2823.4 |
+31% |
|
Total |
7054.1 |
9168.3 |
+30% |
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