POS transactions hit SAR 9.33 bln in week ending Feb. 12: SAMA

16/02/2022 Argaam Special

POS device


The point-of-sale (POS) transactions amounted to SAR 9.33 billion in the week ending Feb. 12, compared to SAR 10.55 billion in the previous week, data issued by the Saudi Central Bank (SAMA) showed.

 

Data showed that a total of 122.9 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

Jan. 17- 23, 2021

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%

Feb. 5-12

122877

9326.16

(12%)

 

 

All sectors declined, led by the hotels sector that dropped by 24%. It was followed by clothes and footwear and telecommunications sectors that fell by 20% and 19%, respectively.

 

Consumer spending focused on the food and beverages sector in the week, with nearly SAR 1.43 billion, followed by the restaurants and cafes sector with SAR 1.38 billion.

 

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

Segment

Transaction Value Week Ending Feb. 5, 2022

Transaction Value Week Ending Feb. 12, 2022

Weekly Change

Hotels

221.9

168.5

(24%)

Clothes and Footwear

712.4

566.5

(20%)

Telecommunications

104.3

84.9

(19%)

Jewellery

229.9

197.2

(14%)

Miscellaneous Goods & Services

1110.1

960.4

(13%)

Recreation & Culture

310.9

272.7

(12%)

Food and Beverages

1621.6

1433.2

(12%)

Restaurants & Cafes

1554.2

1383.7

(11%)

Furniture

328.9

293.0

(11%)

Healthcare

785.9

701.5

(11%)

Electronics and Electric Appliances

266.5

240.5

(10%)

Public Utilities

76.5

71.0

(7%)

Education

122.7

113.9

(7%)

Transport

544.6

513.0

(6%)

Fuel Stations

676.9

639.8

(5%)

Construction Materials

394.8

381.7

(3%)

Other

1486.2

1304.7

(12%)

Total

10548.4

9326.2

(12%)

 

 

Riyadh topped the POS transactions by cities in terms of value with nearly SAR 2.93 billion, representing 31% of the total sales. Jeddah came second with SAR 1.48 billion.

 

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

City

Transaction Value Week Ending Feb. 5, 2022

Transaction Value Week Ending Feb. 12, 2022

Weekly Change

Riyadh

3266.9

2931.2

(10%)

Jeddah

1682.1

1479.7

(12%)

Dammam

575.1

517.6

(10%)

Madinah

391.4

338.1

(14%)

Makkah

383.4

324.6

(15%)

Al Khobar

333.9

304.2

(9% )

Buraydah

258.0

227.5

(12%)

Tabuk

198.0

169.9

(14%)

Hail

174.2

151.7

(13%)

Abha

138.4

122.3

(12%)

Other cities

3147.1

2759.3

(12%)

Total

10548.4

9326.2

(12%)

 

 

Details and Historical Data of Consumer Spending

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