POS transactions hit SAR 10 bln in week ending Nov. 6: SAMA

10/11/2021 Argaam Special

Electronic payment device


The point-of-sale (POS) transactions reached nearly SAR 10 billion in the week ending Nov. 6, from SAR 10.35 billion in the previous week, data issued by the Saudi Central Bank (SAMA) showed.  

 

Data showed that 118.1 million transactions were processed in the same week.  

 

POS transactions represent what is spent by consumers using ATM cards and credit cards in shopping malls, retail stores, pharmacies, etc.  

 

The following table shows the weekly development of POS transactions: 

 

Weekly POS Transactions

Week

Number of Transactions (’000)

Value of Transactions
(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%)

Sept. 5-11

110220

9021.1

(12%)

Sept. 12-18

104519

8373.1

(7%)

Sept. 19-25

103627

8852.0

+6%

Sept. 26- Oct. 2

119137

11027.4

+25%

Oct. 3-9

113012

9157.7

(17%)

Oct. 10-16

111255

8679.0

(5%)

Oct. 17-23

102766

8021.9

(8%)

Oct. 24-30

118497

10345.0

+29%

Oct. 30 – Nov. 6

118141

10003.1

(3%)

 
 
 

The food & beverages sector led decliners, falling 14%. It was followed by healthcare and telecommunications sectors, which fell by 5% each.

 

Meanwhile, the jewelry sector topped gainers, rising 8%, followed by hotels and furniture, which moved up 7% and 5%, respectively.

 

Consumer spending focused on the food & beverages sector in the week, with nearly SAR 1.47 billion, representing 15% of POS transactions, followed by the restaurants & cafes sector with SAR 1.41 billion. 

 

The following table gives details of consumer spending in each sector:

 

POS Transactions by Sector (SAR mln)

Segment

Transaction Value Week Ending Oct. 30

Transaction Value Week Ending Nov. 6

Weekly Variation

Food & Beverages

1704.7

1471.2

(14%)

Healthcare

761.9

722.5

(5%)

Telecommunications

107.7

102.3

(5%)

Fuel Stations

647.2

621.9

(4%)

Transport

578.3

554.2

(4%)

Recreation & Culture

279.7

270.4

(3%)

Public Utilities

88.8

86.2

(3%)

Electronics & Electric Appliances

359.0

352.0

(2%)

Miscellaneous Goods & Services

996.4

991.1

(1%)

Education

94.7

94.5

(0.2%)

Clothes & Footwear

762.2

762.8

0.1%

Restaurants & Cafes

1402.7

1407.3

0.3%

Construction Materials

377.3

382.9

2%

Furniture

317.7

333.9

5%

Hotels

186.7

199.2

7%

Jewelry

207.0

224.2

8%

Other

1472.9

1426.7

(3%)

Total

10345.0

10003.1

(3%)

 
 

Riyadh topped the POS transactions by cities in terms of value with nearly SAR 3.17 billion, representing 32% of the total sales. Jeddah came second with SAR 1.55 billion.

 

POS Transactions by City (SAR mln)

City

Transaction Value Week Ending Oct. 30

Transaction Value Week Ending Nov. 6

Weekly Variation

Riyadh

3173.8

3167.2

(0.2%)

Jeddah

1535.0

1552.4

1%

Dammam

548.9

537.2

(2%)

Madinah

377.4

365.2

(3%)

Makkah

352.5

343.1

(3%)

Al Khobar

327.5

342.1

5%

Buraydah

257.2

247.7

(4%)

Tabuk

217.6

189.1

(13%)

Hail

184.3

165.4

(10%)

Abha

151.0

141.0

(7%)

Other Cities

3219.8

2952.7

(8%)

Total

10345.0

10003.1

(3%)

 
 

Details and Historical Data of Consumer Spending

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