POS transactions hit SAR 8.8 bln in week ending Jan. 22: SAMA

26/01/2022 Argaam Special

POS device


The point-of-sale (POS) transactions amounted to SAR 8.77 billion in the week ending Jan. 22, 2022, compared to SAR 9.51 billion in the previous week, data issued by the Saudi Central Bank (SAMA) showed.

 

Data showed that a total of 111.5 million transactions were processed.

 

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)

Change in Value

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%

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%

Jan. 2- 8

122898

10226.8

(14%)

Jan. 9 - 15

120676

9505.0

(7%)

Jan. 16-22

111506

8774.0

(8%)

 

 

All sectors recorded a decline in POS transactions during the week, excluding recreation & culture, clothes and footwear, and education that rose by 3%, 7% and 196%, respectively.

 

The hotels sector led decliners, with a drop of 40%. It was followed by the jewelry and fuel stations that fell by 24% and 20%, respectively. 

 

Consumer spending focused on the food and beverages sector in the week, with nearly SAR 1.28 billion, followed by the restaurants and cafes sector with SAR 1.2 billion.

 

POS Transactions by Sector in Week Ending Jan. 22 (SAR mln)

Segment

Transaction Value Week Ending Jan. 15, 2022

Transaction Value Week Ending Jan. 22, 2022

Weekly Change

Hotels

258.3

156.0

(40%)

Jewelry

206.3

156.2

(24%)

Restaurants and Cafes

1494.3

1197.0

(20%)

Fuel Stations

652.9

561.2

(14%)

Miscellaneous Goods & Services

945.6

854.4

(10%)

Furniture

303.0

275.3

(9%)

Transport

490.4

450

(8%)

Public Utilities

67.6

62.3

(8%)

Healthcare

709.7

657.9

(7%)

Telecommunications

85.4

79.4

(7%)

Food & Beverages

1356.2

1276.4

(6%)

Construction Materials

374.5

361.6

(3%)

Electronics and Electric Appliances

233.5

228.4

(2%)

Recreation & Culture

266.2

274.5

+3%

Clothes and Footwear

690.9

738.4

+7%

Education

67.0

198.1

+196%

Other

1303.3

1246.9

(4%)

Total

9505.0

8774.0

(8%)

 

 

Riyadh topped the POS transactions by cities in terms of value with nearly SAR 78.2 billion, representing 32% of the total sales. Jeddah came second with SAR 1.41 billion.

 

POS Transactions by Cities in Week Ending Jan. 22 (SAR mln)

City

Transaction Value Week Ending Jan. 15, 2022

Transaction Value Week Ending Jan. 22, 2022

Weekly Change

Riyadh

2929.2

2779.6

(5%)

Jeddah

1598.0

1410.5

(12%)

Dammam

508.5

486.7

(4%)

Madinah

368.1

322.4

(12%)

Makkah

358.6

294.2

(18%)

Al Khobar

311.5

283.4

(9%)

Buraydah

232.9

227.6

(2%)

Tabuk

160.2

156.4

(2%)

Hail

151.0

137.1

(9%)

Abha

112.3

113.8

+1%

Other cities

2774.6

2562.4

(8%)

Total

9505.0

8774.0

(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