POS transactions hit SAR 11.8 bln in week ending Jan. 1: SAMA

05/01/2022 Argaam Special

POS device


The point-of-sale (POS) transactions amounted to SAR 11.84 billion in the week ending Jan. 1, 2022, compared to SAR 8.65 billion in the previous week, data issued by the Saudi Central Bank (SAMA) showed.

 

Data showed that a total of 132 million transactions were processed; the highest since May 2020.

 

POS transactions represent what is spent by consumers using their 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

January 3- 9

81579

8516.5

(21%)

January 10- 16

81146

8184.2

(4%)

January 17- 23

72492

7509.7

(8%)

January 24- 30

85085

9302.2

+24%

January 31- February 6

83184

8555.9

(8%)

February 7- 13

78653

7631.0

(11%)

February 14- 20

75594

7188.2

(6%)

February 21- 27

74531

7341.8

+2%

February 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%

August 1 – 7

105714

9020.7

(7%)

August 8 – 14

104697

8714.5

(3%)

August 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%

Sept. 3 – Oct. 9

113012

9157.7

(17%)

Sept. 10 – Oct. 16

111255

8679.0

(5%)

Sept. 17 – Oct. 23

102766

8021.9

(8%)

Sept. 24 – Oct. 30

118497

10345.0

+29%

Oct. 30 – 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%

Dec. 5 – 11

120149

10010.9

(17%)

Dec. 12 – 18

113088

9048.2

(10%)

Dec. 19 – 25

107557

8646.2

(4%)

Dec. 26, 2021 - Jan. 1, 2022

132018

11839.9

+37%

 

 

All sectors recorded a rise in POS transactions during the week, topped by education with 78%, followed by clothes and footwear with 61%.

 

Consumer spending focused on the food and beverages sector in the week, with nearly SAR 1.83 billion, followed by the restaurants and cafes sector with SAR 1.60 billion.

 

POS Transactions by Sector in Week (SAR mln)

Segment

Transaction Value Week Ending Dec. 25, 2021

Transaction Value Week Ending Jan. 1, 2022

Weekly Variation

Education

95.5

170.4

78%

Clothes and Footwear

634.3

1022.4

61%

Recreation & Culture

241.6

357.8

48%

Food & Beverages

1241.6

1834.7

48%

Telecommunications

80.2

117.3

46%

Furniture

334.3

463.1

39%

Miscellaneous Goods & Services

846.9

1162.4

37%

Healthcare

627.4

844.8

35%

Jewelry

191.6

248.9

30%

Restaurants and Cafes

1230.8

1598.6

30%

Fuel Stations

556.2

719.0

29%

Public Utilities

62.6

80.9

29%

Electronics and Electric Appliances

243.9

301.2

23%

Transport

488.7

599.5

23%

Hotels

180.3

204.5

13%

Construction Materials

381.8

410.1

7%

Other

1208.4

1704.4

41%

Total

8646.2

11839.9

37%

 

 

 

Riyadh topped the POS transactions by cities in terms of value with nearly SAR 3.64 billion, representing 31% of the total sales. Jeddah came second with SAR 1.81 billion.

 

POS Transactions by Cities in Week (SAR mln)

City

Transaction Value Week Ending Dec. 25, 2021

Transaction Value Week Ending Jan. 1, 2022

Weekly Variation

Riyad

2836.7

3642.0

28%

Jeddah

1377.2

1809.5

31%

Dammam

468.8

638.7

36%

Al-Madinah

313.0

450.6

44%

Makkah

295.7

430.9

46%

Al Khobar

294.0

378.8

29%

Buraydah

211.3

280.6

33%

Tabuk

154.5

246.8

60%

Hail

132.9

204.9

54%

Abha

112.6

156.4

39%

Other cities

2449.4

3600.8

47%

Total

8646.2

11839.9

37%

 
 
 

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