The point-of-sale (POS) transactions declined by 7% to SAR 8.29 billion in the week ending June 19, from SAR 8.88 billion in the previous week, data issued by the Saudi Central Bank (SAMA) showed.
Data showed that a total of 94.8 million transactions were processed in the week ending June 19.
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 (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 – June 12 |
100417 |
8876.8 |
(7%) |
|
June 13 – June 19 |
94783 |
8289.6 |
(7%) |
Most of the sectors dropped during the week ending June 19, with the exception of jewelry, which rose 3%.
The education and telecommunications sectors fell by 11% each. It was followed by the fuel stations (9%).
Consumer spending focused on food & beverages sector during the same week, valued at nearly SAR 1.23 billion, followed by restaurants and cafes sector with SAR 1.17 billion and the miscellaneous goods and services sector with around SAR 760.7 million.
|
POS Transactions by Sector (SAR mln) |
||||
|
Sector |
Transactions’ Value Week Ending June 12 |
Transactions’ value Week Ending June 19 |
Weekly variation |
|
|
Education |
57.3 |
51.3 |
(11%) |
|
|
Telecommunications |
95.0 |
85.0 |
(11%) |
|
|
Fuel stations |
558.8 |
507.8 |
(9%) |
|
|
Restaurants & Cafes |
1271.3 |
1167.3 |
(8%) |
|
|
Electronics and Electric Appliances |
281.6 |
258.7 |
(8%) |
|
|
Public Utilities |
85.1 |
78.2 |
(8 %) |
|
|
Food & Beverages |
1337.6 |
1230.0 |
(8%) |
|
|
Recreation & Culture |
235.9 |
219.1 |
(7%) |
|
|
Miscellaneous Goods & Services |
814.4 |
760.7 |
(7%) |
|
|
Transport |
535.5 |
505.1 |
(6%) |
|
|
Furniture |
313.5 |
296.4 |
(5%) |
|
|
Healthcare |
719.5 |
681.5 |
(5%) |
|
|
Clothes and Footwear |
596.0 |
566.5 |
(5%) |
|
|
Hotels |
194.7 |
187.7 |
(4%) |
|
|
Construction Materials |
374.2 |
364.8 |
(3%) |
|
|
Jewelry |
225.7 |
232.4 |
+3% |
|
|
Other |
1180.8 |
1097.1 |
(7%) |
|
|
Total |
8876.8 |
8289.6 |
(7%) |
|
Riyadh topped the POS transactions by cities in terms of value with nearly SAR 2.58 billion, representing 31% of the total sales. Jeddah came second with SAR 1.36 billion.
|
POS Transactions by Cities (SAR mln) |
|||
|
City |
Transactions’ Value Week Ending June 12 |
Transactions’ Value Week Ending June 19 |
Weekly Variation |
|
Riyadh |
2732.8 |
2581.0 |
(6%) |
|
Jeddah |
1426.4 |
1355.0 |
(5%) |
|
Dammam |
468.7 |
434.8 |
(7%) |
|
Al Madinah |
319.8 |
292.5 |
(9%) |
|
Al Khobar |
309.5 |
285.7 |
(8%) |
|
Makkah |
274.5 |
253.2 |
(8%) |
|
Buraydah |
222.7 |
209.4 |
(6%) |
|
Abha |
165.6 |
163.3 |
(1%) |
|
Tabuk |
157.7 |
141.0 |
(11%) |
|
Hail |
148.9 |
135.5 |
(9%) |
|
Other Cities |
2650.4 |
2438.3 |
(8%) |
|
Total |
8876.8 |
8289.6 |
(7%) |
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