POS transactions hit SAR 9.2 bln in week ending Nov. 13: SAMA

17/11/2021 Argaam

Electronic payment device


The point-of-sale (POS) transactions reached nearly SAR 9.17 billion in the week ending Nov. 13, from SAR 10 billion in the previous week, data issued by the Saudi Central Bank (SAMA) showed.  

 

Data showed that 115.5 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%)

Nov. 7 – 13

115481

9173.8

(8%)

 

 

All sectors witnessed a decline in POS during the past week, led by hotels and jewelry sectors, which decreased by 18% each, followed by electronics & electric appliances sector by 12%.

 

Consumer spending focused on the food & beverages sector in the week, with nearly SAR 1.36 billion, representing 15% of POS transactions, followed by the restaurants & cafes sector with SAR 1.32 billion. 

 

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

 

POS Transactions by Sector (SAR mln)

Segment

Transaction Value Week Ending Nov. 6

Transaction Value Week Ending Nov. 13

Weekly Variation

Hotels

199.2

163.2

(18 %)

Jewelry

224.2

183.4

(18 %)

Electronics & Electric Appliances

352.0

308.5

(12 %)

Miscellaneous Goods & Services

991.1

881.6

(11 %)

Recreation & Culture

270.4

243.6

(10 %)

Education

94.5

85.2

(10 %)

Transport

554.2

507.3

(9 %)

Food & Beverages

1471.2

1361.5

(8 %)

Public Utilities

86.2

80.6

(7 %)

Clothes & Footwear

762.8

707.4

(7 %)

Healthcare

722.5

678.5

(6 %)

Furniture

333.9

315.2

(6 %)

Restaurants & Cafes

1407.3

1316.7

(6 %)

Telecommunications

102.3

97.4

(5 %)

Fuel Stations

621.9

603.2

(3 %)

Construction Materials

382.9

377.3

(2 %)

Other

1426.7

1263.2

(12 %)

Total

10003.1

9173.8

(8 %)

 
 

Riyadh topped the POS transactions by cities in terms of value with nearly SAR 2.91 billion, representing 32% of the total sales. Jeddah came second with SAR 1.4 billion.

 

POS Transactions by City (SAR mln)

City

Transaction Value Week Ending Nov. 6

Transaction Value Week Ending Nov. 13

Weekly Variation

Riyadh

3167.2

2906.1

(8 %)

Jeddah

1552.4

1398.2

(10 %)

Dammam

537.2

485.3

(10 %)

Madinah

365.2

332.5

(9 %)

Makkah

343.1

306.3

(11 %)

Al Khobar

342.1

303.3

(11 %)

Buraydah

247.7

236.2

(5 %)

Tabuk

189.1

173.4

(8 %)

Hail

165.4

159.6

(4 %)

Abha

141.0

127.0

(10 %)

Other Cities

2952.7

2746.0

(7 %)

Total

10003.1

9173.8

(8 %)

 
 
 

Details and Historical Data of Consumer Spending

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read