POS weekly transactions reach SAR 10.2 bln: SAMA

24/08/2022 Argaam Special
POS device

POS device


The point-of-sale (POS) transactions reached nearly SAR 10.2 billion in the week ended Aug. 20, down from SAR 10.3 billion in the week before, data issued by the Saudi Central Bank (SAMA) showed.

 

Data showed that 138.6 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

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. 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- 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. 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%

July 31- Aug. 6

145051

10803.1

(5%)

Aug. 7-13

143471

10302.2

(5%)

Aug. 14-20

138608

10191.1

(1%)

    

 

Education sector came on top during the week with an increase of 114%. It was followed by clothes & footwear and hotels sectors at 8% and 3% increases, respectively.
 

Telecommunications sector led decliners after falling 12%, followed by food and beverages at 7%.

  

Consumer spending focused on the restaurants and cafes sector in the week stood at nearly SAR 1.50 billion, representing nearly 15% of total sales, followed by the food and beverages sector at SAR 1.41 billion.

 

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

 

POS Transactions by Sector (SAR mln)

Segment

Transaction Value Week Ended Aug. 13

Transaction Value Week Ended Aug. 20

Weekly Change

Education

124.77

267.33

 +114%

Clothes and Footwear

647.19

700.15

+ 8%

Hotels

293.60

303.49

 +3%

Recreation and Culture

245.84

251.85

 +2%

Furniture

279.35

285.94

 +2%

Construction Materials

351.62

356.65

 +1%

Transport

612.56

620.34

 +1%

Electronics and Electric Appliances

242.43

237.83

(2%)

Jewelry

173.81

170.82

(2%)

Miscellaneous Goods and Services

1,149.20

1,102.79

(4%)

Restaurants and Cafes

1,560.11

1,497.83

(4%)

Fuel Stations

692.18

658.67

(5%)

Healthcare

682.89

650.68

(5%)

Public Utilities

95.82

90.85

(5%)

Food and Beverages

1,510.46

1,410.45

(7%)

Telecommunications

90.94

80.25

(12%)

Other

1,549.44

1,505.20

(3%)

Total

10,302.19

10,191.09

(1%)

 

 

Riyadh topped the POS transactions by cities in value terms with nearly SAR 3.07 billion, representing 30% of total sales. Jeddah came second with SAR 1.62 billion.

 

POS Transactions by City (SAR mln)

City

Transaction Value Week Ended Aug. 13

Transaction Value Week Ended Aug. 20

Weekly Change

Riyadh

3,021.19

3,069.85

 +2%

Jeddah

1,603.54

1,616.78

 +1%

Dammam

508.87

526.23

 +3%

Makkah

417.11

422.15

 +1%

Madinah

391.73

402.52

 +3%

Al Khobar

287.91

293.83

 +2%

Buraydah

246.55

242.78

(2%)

Abha

231.49

216.12

(7%)

Tabuk

180.13

169.54

(6%)

Hail

173.05

157.89

(9%)

Other Cities

3,240.62

3,073.42

(5%)

Total

10,302.19

10,191.09

(1%)

 
 

Details and Historical Data of Consumer Spending

Comments {{getCommentCount()}}

Be the first to comment

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.