The point-of-sale (POS) transactions declined by 7% to SAR 8.88 billion in the week ending June 12, from SAR 9.50 billion in the previous week, data issued by the Saudi Central Bank (SAMA) showed.
Data showed that a total of 100.4 million transactions were processed in the week ending June 12.
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 |
No. of transactions (‘000) |
Transactions’ value (SAR mln) |
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% |
|
May 30- June 5* |
102397 |
9499.1 |
+4% |
|
June 6-12 |
100417 |
8876.8 |
(7%) |
*updated data
The POS transactions of most sectors dropped during the week ending June 12, with the exception of fuel stations which rose 1%.
The education sector fell by 27% through sales of SAR 57.3 million, followed by recreation & culture and telecommunications (10% each).
Consumer spending focused on food & beverages sector during the week, valued at nearly SAR 1.34 billion, followed by restaurants & cafes sector with SAR 1.27 billion and the miscellaneous goods & services sector with SAR 814.4 million.
|
POS Transactions by Sector (SAR mln) |
|||
|
Sector |
Transactions’ value Ending June 5 |
Transactions’ value Ending June 12 |
Weekly variation |
|
Education |
79.0 |
57.3 |
(27%) |
|
Recreation & Culture |
262.9 |
235.9 |
(10%) |
|
Telecommunications |
105.4 |
95.0 |
(10%) |
|
Miscellaneous Goods & Services |
898.7 |
814.4 |
(9%) |
|
Electronics and Electric Appliances |
308.4 |
281.6 |
(9%) |
|
Clothes & Footwear |
645.3 |
596.0 |
(8%) |
|
Jewelry |
244.0 |
225.7 |
(7%) |
|
Food & Beverages |
1442.1 |
1337.6 |
(7%) |
|
Transport |
573.9 |
535.5 |
(7%) |
|
Hotels |
206.9 |
194.7 |
(6%) |
|
Healthcare |
762.5 |
719.5 |
(6%) |
|
Restaurants & Cafes |
1343.9 |
1271.3 |
(5%) |
|
Furniture |
328.4 |
313.5 |
(5%) |
|
Construction & Building Materials |
391.6 |
374.2 |
(4%) |
|
Public Utilities |
88.3 |
85.1 |
(4%) |
|
Fuel Stations |
553.0 |
558.8 |
+1% |
|
Other |
1264.8 |
1180.8 |
(7%) |
|
Total |
9499.1 |
8876.8 |
(7%) |
Riyadh topped the POS transactions by cities in terms of value with nearly SAR 2.73 billion, representing 31% of the total sales. Jeddah came second with SAR 1.43 billion.
|
POS Transactions by Cities (SAR mln) |
|||
|
City |
Transactions’ value week ending June 5 |
Transactions’ value week ending June 12 |
Weekly variation |
|
Riyadh |
2915.3 |
2732.8 |
(6%) |
|
Jeddah |
1532.4 |
1426.4 |
(7%) |
|
Dammam |
510.4 |
468.7 |
(8%) |
|
Madinah |
344.5 |
319.8 |
(7%) |
|
Al Khobar |
343.4 |
309.5 |
(10%) |
|
Makkah |
292.1 |
274.5 |
(6%) |
|
Buraydah |
235.9 |
222.7 |
(6%) |
|
Abha |
172.2 |
165.6 |
(4%) |
|
Tabuk |
169.5 |
157.7 |
(7%) |
|
Hail |
159.9 |
148.9 |
(7%) |
|
Other cities |
2823.4 |
2650.4 |
(6%) |
|
Total |
9499.1 |
8876.8 |
(7%) |
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