POS transactions reports SAR 10.2 bln in week ending Sept. 4: SAMA

08/09/2021 Argaam Special

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The point-of-sale (POS) transactions retreated to SAR 10.2 billion in the week ended Sept. 4, from SAR 10.5 billion in the previous week, data issued by the Saudi Central Bank (SAMA) showed.

 

Data showed that a total of 112.4 million transactions were processed in the week.

 

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
(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%)

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%)

Aug. 22-28

110497

10539.9

+32%

Aug. 29- Sept. 4

112375

10196.7

(3%)

 

 

During the past week, education topped the declining sectors, with a fall of 18%, followed by clothing and footwear sector with 15%.

 

On the other hand, miscellaneous goods and services sector recorded an increase of 5% in POS during the same period.

 

Consumer spending focused on the food and beverages sector in the week, with nearly SAR 1.54 billion, representing 15% of POS transactions, followed by restaurants and cafes sector with SAR 1.3 billion.

 

POS Transactions by Sector (SAR mln)

Segment

Transactions’ Value Week Ending Aug. 28

Transactions’ Value Week Ending Sept. 4

Weekly Variation

Education

698.2

571.1

(18%)

Clothes & Footwear

757.8

641.3

(15%)

Hotels

178.6

152.9

(14%)

Food & Beverages

1616.6

1538.4

(5%)

Jewelry

193.8

188.9

(3%)

Fuel Stations

629.0

616.5

(2%)

Restaurants & Cafes

1309.0

1294.7

(1%)

Recreation & Culture

361.1

357.9

(1%)

Healthcare

737.2

734.1

(0.4%)

Telecommunications

126.7

126.4

(0.2%)

Transport

570.7

573.6

+0.5%

Electronic & Electric Devices

304.6

307.5

+1%

Furniture

306.3

311.8

+2%

Construction & Building Materials

335.2

341.5

+2%

Public Utilities

93.6

96.6

+3%

Miscellaneous Goods & Services

925.4

972.1

+5%

Other

1396.2

1371.3

(2%)

Total

10539.9

10196.7

(3%)

 

 

Riyadh topped the POS transactions by cities in terms of value with nearly SAR 3.24 billion, representing 32% of the total sales. Jeddah came second with SAR 1.6 billion.

 

POS Transactions by City (SAR mln)

City

Transactions’ Value Week Ending Aug. 28

Transactions’ Value Week Ending Sept. 4

Weekly Variation

Riyadh

3269.0

3242.2

(1%)

Jeddah

1648.0

1620.1

(2%)

Dammam

555.8

548.4

(1%)

Madinah

387.0

369.2

(5%)

Al Khobar

352.4

343.7

(2%)

Makkah

346.5

331.6

(4%)

Buraydah

251.8

247.5

(2%)

Tabuk

204.3

196.8

(4%)

Hail

170.8

162.7

(5%)

Abha

174.1

155.3

(11%)

Other Cities

3180.1

2979.3

(6%)

Total

10539.9

10196.7

(3%)

 
 

Details and Historical Data of Consumer Spending

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