POS device
The point-of-sale (POS) transactions declined by 8% to SAR 8 billion in the week ending Aug. 21, from SAR 8.17 billion in the previous week, data issued by the Saudi Central Bank (SAMA) showed.
Data showed that a total of 96.9 million transactions were processed in the week ending Aug. 21.
POS transactions represent what is spent by consumers using 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% |
|
May 30- June 5 |
102397 |
9499.1 |
+4% |
|
June 6- 12 |
100417 |
8876.8 |
(7%) |
|
June 13- 19 |
94783 |
8289.6 |
(7%) |
|
June 20- 26 |
94112 |
8357.9 |
+1% |
|
June 27- July 3 |
111340 |
10749.8 |
+29% |
|
July 4 – 10 |
104460 |
9352.1 |
(13%) |
|
July 11 – 17 |
106481 |
9528.0 |
+2% |
|
July 18 – 24 |
84706 |
6123.8 |
(36%) |
|
July 25 – 31 |
106791 |
9713.3 |
+59% |
|
Aug. 1- 7 |
105714 |
9020.7 |
(7%) |
|
Aug. 8-14 |
104697 |
8714.5 |
(3%) |
|
Aug. 15-21 |
96937 |
8002.2 |
(8%) |
Jewelry sector led the decline, falling 24% in the week. It was followed by miscellaneous goods & services and restaurants & cafes sectors with a 12% and 11% decline, respectively.
Consumer spending focused on the food and beverages sector in the week ending Aug. 21, with nearly SAR 1.21 billion, representing 15% of POS transactions, followed by restaurants and cafes sector with SAR 1.11 billion.
|
POS Transactions by Sector (SAR mln) |
|||
|
Segment |
Transactions’ Value Week Ending Aug. 14 |
Transactions’ Value Week Ending Aug. 7 |
Weekly Variation |
|
Jewelry |
231.9 |
177.3 |
(24%) |
|
Miscellaneous Goods & Services |
828.7 |
733.4 |
(12%) |
|
Restaurants & Cafes |
1,250.0 |
1,118.5 |
(11%) |
|
Telecommunications |
87.8 |
78.9 |
(10%) |
|
Public Utilities |
83.0 |
74.7 |
(10%) |
|
Food & Beverages |
1,337.9 |
1,208.5 |
(10%) |
|
Hotels |
195.8 |
178.1 |
(9%) |
|
Healthcare |
677.3 |
616.3 |
(9%) |
|
Fuel Stations |
576.2 |
528.4 |
(8%) |
|
Transport |
501.7 |
462.8 |
(8%) |
|
Furniture |
279.7 |
260.7 |
(7%) |
|
Electronics & Electric Appliances |
253.5 |
237.9 |
(6%) |
|
Construction Materials |
335.1 |
315.2 |
(6%) |
|
Recreation & Culture |
230.2 |
217.2 |
(6%) |
|
Clothes & Footwear |
539.6 |
514.6 |
(5%) |
|
Education |
149.1 |
227.8 |
+ 53% |
|
Other |
1,157.0 |
1,051.9 |
(9%) |
|
Total |
8,714.5 |
8,002.2 |
(8%) |
Riyadh topped the POS transactions by cities in terms of value with nearly SAR 2.52 billion, representing 31% of the total sales. Jeddah came second with SAR 1.31 billion.
|
POS Transactions by City (SAR mln) |
|||
|
City |
Transactions’ Value Week Ending Aug. 14 |
Transactions’ Value Week Ending Aug. 21 |
Weekly Variation |
|
Riyadh |
2627.5 |
2516.4 |
(4%) |
|
Jeddah |
1410.2 |
1314.4 |
(7%) |
|
Dammam |
438.5 |
408.4 |
(7%) |
|
Madinah |
322.2 |
285.1 |
(12%) |
|
Al Khobar |
277.7 |
272.3 |
(2%) |
|
Makkah |
288.1 |
265.3 |
(8%) |
|
Buraydah |
214.3 |
199.7 |
(7%) |
|
Abha |
179.1 |
153.5 |
(14%) |
|
Tabuk |
153.4 |
138.6 |
(10%) |
|
Hail |
139.5 |
123.5 |
(11%) |
|
Other Cities |
2664.1 |
2325.1 |
(13%) |
|
Total |
8714.5 |
8002.2 |
(8%) |
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