POS transactions hit SAR 12.1 bln in week ending Dec. 4: SAMA

08/12/2021 Argaam Special


The point-of-sale (POS) transactions rose to SAR 12.1 billion in the week ending Dec. 4 – the highest weekly POS transactions since May 2020 – from SAR 9.42 billion in the previous week, data issued by the Saudi Central Bank (SAMA) showed.

   

Data showed that nearly 129.98 million transactions were processed in the week ending Dec. 4.  

  

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. 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%

Nov. 28- Dec. 4

129984

12059.1

+28%

 

 

All sectors witnessed an increase in POS transactions during the week ending Dec. 4, except for education, which decreased by 13%.

 

Telecommunications topped the sectors with a rise of 38%, followed by hotels and clothes & footwear sectors with 36% each.

 

Consumer spending focused on the food & beverages sector in the week, with nearly SAR 1.74 billion, followed by restaurants & cafes sector with about SAR 1.7 billion.

 

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

 

POS Transactions by Sector (SAR mln)

Sector

Transaction Value Week Ending Nov. 27

Transaction Value Week Ending Dec. 4

Weekly Variation

Telecommunications

91.0

125.2

+ 38%

Hotels

242.6

329.8

+36%

Clothes & Footwear

832.8

1128.6

+36%

Miscellaneous Goods & Services

916.9

1233.9

+35%

Food & Beverages

1321.5

1739.0

+32%

Restaurants & Cafes

1323.3

1695.7

+28%

Recreation & Culture

273.7

343.9

+26%

Jewelry

218.0

273.5

+25%

Healthcare

641.6

803.0

+25%

Electronics & Electric Appliances

262.8

327.1

+24%

Furniture

348.4

433.1

+24%

Public Utilities

64.2

78.6

+22%

Transport

515.3

617.9

+20%

Fuel Stations

608.8

722.5

+19%

Construction Materials

386.6

421.3

+9%

Education

93.7

81.8

(13 %)

Other

1277.4

1704.2

+33%

Total

9418.4

12059.1

+28 %

 

 

Riyadh topped the POS transactions by cities in terms of value with nearly SAR 3.7 billion, representing 31% of the total sales. Jeddah came second with SAR 1.94 billion.

 

POS Transactions by City (SAR mln)

City

Transaction Value Week Ending Nov. 27

Transaction Value Week Ending Dec. 4

Weekly Variation

Riyadh

3026.3

3703.9

+22%

Jeddah

1492.5

1936.4

+30%

Dammam

500.8

624.0

+25%

Madinah

357.4

485.3

+36%

Makkah

334.1

454.2

+36%

Al Khobar

312.8

388.7

+24%

Buraydah

232.7

296.9

+28%

Tabuk

171.4

229.7

+34%

Hail

152.4

203.6

+34%

Abha

122.1

146.5

+20%

Other Cities

2716.0

3589.9

+32%

Total

9418.4

12059.1

+28 %

 

 

Details and Historical Data of Consumer Spending

 

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