POS transactions hit SAR 9.41 bln in week ending Feb. 26: SAMA

02/03/2022 Argaam Special

POS device


The point-of-sale (POS) transactions amounted to SAR 9.41 billion in the week ending Feb. 26, compared to SAR 8.82 billion in the previous week, data issued by the Saudi Central Bank (SAMA) showed.

 

Data showed that a total of 120.6 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

74531

7341.8

+2%

Jan. 24- 30

91204

9879.4

+35%

Jan. 31- Feb. 6

87814

8548.6

(13%)

Feb. 7- 13

86005

8458.2

(1%)

Feb. 14- 20

86553

8820.9

+4%

Feb. 21- 27

101622

11375.0

+29%

Feb. 28- March 6

96104

10043.1

(12%)

March 7- 13

81624

8196.8

(18%)

March 14- 20

72190

7315.1

(11%)

March 21- 27

91781

10731.1

+47%

March 28- April 3

94300

10877.5

+1%

April 4- 10

90900

8621.7

(21%)

April 11- 17

82211

7054.1

(18%)

April 18- 24

96535

9168.3

+30%

April 25- May 1

102397

9499.1

+4%

May 2- 8

100417

8876.8

(7%)

May 9- 15

94783

8289.6

(7%)

May 16- 22

94112

8357.9

+1%

May 23- 29

111340

10749.8

+29%

May 30- June 5

104460

9352.1

(13%)

June 6- 12

106481

9528.0

+2%

June 13- 19

84706

6123.8

(36%)

June 20- 26

106791

9713.3

+59%

June 27- July 3

105714

9020.7

(7%)

July 4 – 10

104697

8714.5

(3%)

July 11 – 17

96937

8002.2

(8%)

July 18 – 24

110497

10539.9

+32%

July 25 – 31

112375

10196.7

(3%)

Aug. 1 – 7

110220

9021.1

(12%)

Aug. 8 – 14

104519

8373.1

(7%)

Aug. 15 - 21

103627

8852.0

+6%

Aug. 22 – 28

119137

11027.4

+25%

Aug. 29 – Sept. 4

113012

9157.7

(17%)

Sept. 5 – 11

111255

8679.0

(5%)

Sept. 12 – 18

102766

8021.9

(8%)

Sept. 19 – 25

118497

10345.0

+29%

Sept. 26 – Oct. 2

118141

10003.1

(3%)

Sept. 3 – Oct. 9

115481

9173.8

(8%)

Sept. 10 – Oct. 16

107843

8459.4

(8%)

Sept. 17 – Oct. 23

112231

9418.4

+11%

Sept. 24 – Oct. 30

129984

12059.1

+28%

Oct. 30 – Nov. 6

120149

10010.9

(17%)

Nov. 7 – 13

113088

9048.2

(10%)

Nov. 14 – 20

107557

8646.2

(4%)

Nov. 21 – 27

132018

11839.9

+37%

Nov. 28 – Dec. 4

122898

10226.8

(14%)

Dec. 5 – 11

120676

9505.0

(7%)

Dec. 12 – 18

111506

8774.0

(8%)

Dec. 19 – 25

125208

10448.9

+19%

Dec. 26, 2021 - Jan. 1, 2022

129020

10548.4

+1%

Jan. 2- 8

122877

9326.16

(12%)

Jan. 9 - 15

118885

8819.07

(5%)

Jan. 16-22

120587

9407.79

+7%

Jan. 23-29

74531

7341.8

+2%

Jan. 30-Feb. 5

91204

9879.4

+35%

Feb. 5-12

87814

8548.6

(13%)

Feb. 13 - 19

86005

8458.2

(1%)

Feb. 20 - 26

86553

8820.9

+4%

 

Most sectors rose, led by the hotels sector that moved up 36%. It was followed by the furniture that advanced 21%.  

 

Meanwhile, the education sector led decliners, with a drop of 43%, followed by jewelry (14%).

 

Consumer spending focused on the restaurants and cafes sector in the week, with nearly SAR 1.47 billion, or 16% of the total sales. It was followed by the restaurants and cafes sector, with SAR 1.43 billion.

 

POS Transactions by Sector in Week Ending Feb. 26 (SAR mln)

Segment

Transaction Value Week Ending Feb. 19, 2022

Transaction Value Week Ending Feb. 26, 2022

Weekly Change

Hotels

174.8

237.4

+36%

Furniture

292.7

353.7

+21%

Clothes and Footwear

561.8

628.0

+12%

Electronics and Electric Appliances

231.1

257.2

+11%

Restaurants & Cafes

1319.6

1465.1

+11%

Food and Beverages

1327.9

1426.6

+7%

Miscellaneous Goods & Services

893.0

947.1

+6%

Healthcare

653.3

669.1

+2%

Fuel Stations

609.9

622.3

+2%

Transport

474.9

483.8

+2%

Telecommunications

78.5

79.7

+2%

Construction materials

353.2

354.0

+0.2%

Public Utilities

65.3

65.3

(0.1%)

Recreation & Culture

258.9

249.0

(4%)

Jewelry

214.2

183.9

(14%)

Education

88.7

50.8

(43%)

Other

1221.5

1334.8

+9%

Total

8819.1

9407.8

+7%

 

 

Riyadh topped the POS transactions by cities in terms of value with nearly SAR 3 billion, representing 32% of the total sales. Jeddah came second with SAR 1.52 billion.

 

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

City

Transaction Value Week Ending Feb. 19, 2022

Transaction Value Week Ending Feb. 26, 2022

Weekly Change

Riyadh

2851.3

2995.7

+5%

Jeddah

1406.7

1518.9

+8%

Dammam

493.2

502.7

+2%

Madinah

314.7

349.5

+11%

Makkah

305.0

349.0

+14%

Al Khobar

296.1

315.8

+7%

Buraydah

214.3

233.1

+9%

Tabuk

155.3

161.9

+4%

Hail

136.6

145.5

+7%

Abha

116.3

123.2

+6%

Other cities

2529.6

2712.6

+7%

Total

8819.1

9407.8

+7%

 

 

Details and Historical Data of Consumer Spending

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