POS weekly transactions reach SAR 11.4 bln: SAMA

03/08/2022 Argaam Special
POS device

POS device


The point-of-sale (POS) transactions reached nearly SAR 11.42 billion in the week ended July 30, up from SAR 8.95 billion in the week before, data issued by the Saudi Central Bank (SAMA) showed.

 

Data showed that 147 million transactions were processed during the week.

 

POS transactions represent what consumers spend using ATM and credit cards in shopping malls, retail stores, pharmacies, etc.

 

The following table shows the weekly development in POS transactions:

 

Weekly POS Transactions

Week

Number of Transactions

(’000)

Value of Transactions
(SAR mln)

Change

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%

Oct. 3-9

113012

9157.7

(17%)

Oct. 10-16

111255

8679.0

(5%)

Oct. 17-23

102766

8021.9

(8%)

Oct. 24-30

118497

10345.0

+29%

Oct. 31- 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- Jan. 1, 2022

132018

11839.9

+37%

Jan. 2- Jan. 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. 6-12

122877

9326.1

(12%)

Feb. 13-19

118885

8819.1

(5%)

Feb. 20-26

120587

9407.8

+7%

Feb. 27- Mar. 5

139521

12018.0

+28%

Mar. 6-12

135386

10807.9

(10%)

Mar. 13-19

128050

10735.3

(0.6%)

Mar. 20-26

128246

10667.8

(0.6%)

Mar. 27- Apr. 2

153351

14051.5

+32%

Apr. 3-9

110387

9640.0

(31%)

Apr. 10-16

114444

9990.8

+4%

Apr. 17-23

112462

10424.4

+4%

Apr. 24-30

153055

15971.6

+53%

May 1-7

120147

8402.9

(47%)

May 8-14

128325

9318.6

+11%

May 15-21

124158

8810.7

(5%)

May 22-28

139381

10971.0

+25%

May 29- June 4

144698

11168.0

+2%

June 5-11

142458

10344.7

(7%)

June 12-18

135206

9928.9

(4%)

June 19-25

126682

9421.8

(5%)

June 26- July 2

159518

13434.0

+43%

July 3-9

151178

12090.5

(10%)

July 10-16

122999

8067.2

(33%)

July 17-23

125027

8947.0

+11%

July 24-30

147102

11422.3

+28%

 

 

Except for the jewelry sector, which saw a 9% decline last week, all sectors witnessed increased POS transactions.

 

The clothes and footwear sector took the lead among rising sectors at 40%, followed by the food and beverages sector at 39% and the recreation and culture sector at 38%.

 

Consumer spending focused on the food and beverages sector in the week at nearly SAR 1.76 billion, representing nearly 15.5% of total sales, followed by the restaurants and cafes sector at SAR 1.67 billion, or 14.7% of total sales.

 

The following table gives details on consumer spending in each sector:

 

POS Transactions by Sector (SAR mln)

Segment

Transaction Value Week Ended July 23

Transaction Value Week Ended July 30

Weekly Change

Clothes and Footwear

521.4

729.4

+ 40 %

Food and Beverages

1278.8

1775.4

+ 39 %

Recreation and Culture

203.9

280.7

+ 38 %

Hotels

186.1

248.9

+ 34 %

Miscellaneous Goods and Services

998.9

1302.1

+ 30 %

Telecommunications

71.9

95.9

+ 33 %

Healthcare

616.3

781.4

+ 27 %

Restaurants and Cafes

1329.8

1674.0

+ 26 %

Furniture

248.7

310.9

+ 25 %

Public Utilities

81.0

101.1

+ 25 %

Fuel Stations

590.9

729.7

+ 24 %

Electronics and Electric Appliances

221.8

267.9

+ 21 %

Transport

568.4

676.3

+ 19 %

Education

70.4

80.1

+ 14 %

Construction Materials

344.3

373.5

+ 9 %

Jewelry

284.9

258.4

(9%)

Other

1330.1

1736.6

+ 31 %

Total

8,947.4

11,422.3

+ 28 %

 

 

Riyadh topped the POS transactions by cities in value terms with nearly SAR 3.3 billion, representing 29% of total sales. Jeddah came second with SAR 1.73 billion.

 

POS Transactions by City (SAR mln)

City

Transaction Value Week Ended July 23

Transaction Value Week Ended July 30

Weekly Change

Riyadh

2656.6

3299.1

+ 24 %

Jeddah

1451.0

1733.5

+ 20 %

Dammam

457.6

559.7

+ 22 %

Madinah

337.4

432.1

+ 28 %

Makkah

300.7

396.9

+ 32 %

Al Khobar

262.6

311.5

+ 19 %

Buraydah

231.5

283.3

+ 22 %

Abha

181.3

245.6

+ 35 %

Tabuk

146.4

213.0

+ 46 %

Hail

150.9

210.8

+ 40 %

Other Cities

2771.3

3736.9

+ 35 %

Total

8,947.4

11,422.3

+ 28 %

 

 

Details and Historical Data of Consumer Spending

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