POS transactions hit SAR 10.55 bln in week ending Feb. 5: SAMA

09/02/2022 Argaam Special
POS device

POS device


The point-of-sale (POS) transactions amounted to SAR 10.55 billion in the week ending Feb. 5, 2022, compared to SAR 10.45 billion in the previous week, data issued by the Saudi Central Bank (SAMA) showed.

 

Data showed that a total of 129 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%)

Jan. 23-29

125208

10448.9

+19%

Jan. 30-Feb. 5

129020

10548.4

+1%

 

 

The hotels sector topped best performers, increasing 30%, followed by jewellery with a rise of 15% as well as restaurants and cafes with 9%.

 

Meanwhile, the education sector led decliners, with a drop of 41%. It was followed by the food and beverages and the telecommunications that fell by 6% and 5%, respectively. 

 

Consumer spending focused on the food and beverages sector in the week, with nearly SAR 1.62 billion, followed by the restaurants and cafes sector with SAR 1.55 billion.

 

POS Transactions by Sector in Week Ending Feb. 5 (SAR mln)

Segment

Transaction Value Week Ending Jan. 29, 2022

Transaction Value Week Ending Feb. 5, 2022

Weekly Change

Hotels

170.7

221.9

+30%

Jewellery

199.5

229.9

+15%

Restaurants and Cafes

1426.2

1554.2

+9%

Miscellaneous Goods & Services

1040.5

1110.1

+7%

Furniture

312.5

328.9

+5%

Public Utilities

73.2

76.5

+5%

Construction Materials

381.6

394.8

+4%

Fuel Stations

664.8

676.9

+2%

Healthcare

776.2

785.9

+1%

Electronics and Electric Appliances

265.4

266.5

+0.4%

Transport

549.2

544.6

(1%)

Recreation & Culture

319.7

310.9

(3%)

Clothes and Footwear

740.6

712.4

(4%)

Telecommunications

109.8

104.3

(5%)

Food and Beverages

1727.7

1621.6

(6%)

Education

207.4

122.7

(41%)

Other

1483.8

1486.2

+0.2%

Total

10448.9

10548.4

+1%

 

 

Riyadh topped the POS transactions by cities in terms of value with nearly SAR 3.27 billion, representing 31% of the total sales. Jeddah came second with SAR 1.68 billion.

 

POS Transactions by Cities in Week Ending Feb. 5 (SAR mln)

City

Transaction Value Week Ending Jan. 29, 2022

Transaction Value Week Ending Feb. 5, 2022

Weekly Change

Riyadh

3204.2

3266.9

+2%

Jeddah

1580.2

1682.1

+6%

Dammam

561.1

575.1

+2%

Madinah

384.7

391.4

+2%

Al Khobar

318.5

333.9

+5%

Buraydah

262.9

258.0

(2%)

Makkah

362.1

383.4

+6%

Abha

140.3

138.4

(1%)

Hail

180.6

174.2

(4%)

Tabuk

213.6

198.0

(7%)

Other cities

3240.7

3147.1

(3%)

Total

10448.9

10548.4

+1%

 

 

 

Details and historical data of consumer spending 

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