electronic payment device
The point-of-sale (POS) transactions stood at SAR 9.42 billion in the week ending Nov. 27, compared to SAR 8.46 billion in the previous week, data issued by the Saudi Central Bank (SAMA) showed.
Data showed that nearly 112.23 million transactions were processed in the week ending Nov. 27.
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 |
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. 31- Nov. 6 |
118141 |
10003.1 |
(3%) |
|
Nov. 7-13 |
115481 |
9173.8 |
(8%) |
|
Nov. 14-20 |
107843 |
8459.4 |
(8%) |
|
Nov. 21-27 |
112231 |
9418.4 |
+11% |
All sectors witnessed an increase in POS transactions during the week ending Nov. 27, led by the hotels with a rise of 59%. It was followed by education and Jewelry with an increase of 36% and 29%, respectively.
Consumer spending focused on the food & beverages sector in the week, with nearly SAR 1.32 billion, representing 14% of POS transactions.
The following table shows details of consumer spending in each sector:
|
POS Transactions by Sector (SAR mln) |
|||
|
Segment |
Transaction Value Week Ending Nov. 20 |
Transaction Value Week Ending Nov. 27 |
Weekly Variation |
|
Hotels |
152.3 |
242.6 |
+59% |
|
Education |
69.1 |
93.7 |
% 36 + |
|
Jewelry |
169.1 |
218.0 |
+29% |
|
Clothes & Footwear |
670.6 |
832.8 |
+24% |
|
Recreation & Culture |
222.3 |
273.7 |
+23% |
|
Miscellaneous Goods & Services |
817.3 |
916.9 |
+12% |
|
Furniture |
314.0 |
348.4 |
+11% |
|
Restaurants & Cafes |
1198.9 |
1323.3 |
+10% |
|
Food & Beverages |
1216.8 |
1321.5 |
+9% |
|
Fuel Stations |
561.7 |
608.8 |
+8% |
|
Telecommunications |
86.0 |
91.0 |
+6% |
|
Electronics & Electric Appliances |
249.4 |
262.8 |
+5% |
|
Public Utilities |
61.9 |
64.2 |
+4% |
|
Healthcare |
615.4 |
641.6 |
+4% |
|
Construction Materials |
375.1 |
386.6 |
+3% |
|
Transport |
499.9 |
515.3 |
+3% |
|
Other |
1179.3 |
1277.4 |
+8% |
|
Total |
8459.4 |
9418.4 |
+11% |
Riyadh topped the POS transactions by cities in terms of value with nearly SAR 3.03 billion, representing 32% of the total sales. Jeddah came second with SAR 1.49 billion.
|
POS Transactions by City (SAR mln) |
|||
|
City |
Transaction Value Week Ending Nov. 20 |
Transaction Value Week Ending Nov. 27 |
Weekly Variation |
|
Riyadh |
2736.1 |
3026.3 |
+11% |
|
Jeddah |
1309.7 |
1492.5 |
+14% |
|
Dammam |
454.2 |
500.8 |
+10% |
|
Madinah |
300.1 |
357.4 |
+19% |
|
Makkah |
280.7 |
334.1 |
+19% |
|
Al Khobar |
279.7 |
312.8 |
+12% |
|
Buraydah |
215.2 |
232.7 |
+8% |
|
Tabuk |
159.3 |
171.4 |
+8% |
|
Hail |
136.0 |
152.4 |
+12% |
|
Abha |
115.1 |
122.1 |
+6% |
|
Other Cities |
2473.1 |
2716.0 |
+10% |
|
Total |
8459.4 |
9418.4 |
+11% |
Details and Historical Data of Consumer Spending
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