POS weekly transactions hit SAR 10.4 bln: SAMA

28/09/2022 Argaam Special
POS device

POS device


The point-of-sale (POS) transactions reached nearly SAR 10.4 billion in the week ended Sept. 24, compared with SAR 10.2 billion in the week before, data issued by the Saudi Central Bank (SAMA) showed.

 

Data showed that 142.4 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

Sept. 19-25, 2021

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%)

Aug. 21-27

142718

11586.2

+14%

Aug. 28 - Sept. 3

162486

13502.0

+17%

Sept. 4-10

147651

10588.1

(22%)

Sept. 11-17

147526

10243.8

(3.3%)

Sept. 18-24

142432

10425.5

+1.8%

 

 

    

Some sectors saw an increase during the week, led by the hotels sector, which rose by 23% week-on-week (WoW). It was followed by electronics and electric appliances sector with a 21% WoW hike.

 

On the other hand, the education and the telecommunications sectors declined the most at 55% and 9%, respectively, from the week before.

  

During the week, consumer spending focused on the food and beverages sectors, reaching nearly SAR 1.51 billion, representing almost 15% of total sales, followed by the restaurants and cafes sector at SAR 1.42 billion. 

 

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

 

POS Transactions by Sector (SAR mln)

Sector

Transaction Value Week Ended Sept. 17

Transaction Value Week Ended Sept. 24

Weekly Change

Hotels

194.1

239.1

+23%

Electronics and Electric Appliances

246.7

299.7

+ 21 %

Furniture

330.5

392.4

+ 19 %

Clothes and Footwear

578.6

669.0

+ 16 %

Jewelry

233.1

248.0

+ 6 %

Restaurants and Cafes

1,423.4

1,509.7

+ 6 %

Recreation and Culture

277.0

294.0

+ 6 %

Construction Materials

361.4

375.0

+ 4 %

Miscellaneous Goods and Services

1,123.0

1,118.1

(0.4%)

Healthcare

740.5

732.9

(1%)

Public Utilities

95.0

92.8

(2%)

Fuel Stations

697.3

671.2

(4%)

Transport

596.3

565.6

(5%)

Food and Beverages

1,541.1

1,422.3

(8%)

Telecommunications

86.7

78.9

(9%)

Education

187.8

85.3

(55%)

Other

1,531.4

1,631.6

+7%

Total

10,243.8

10,425.5

+2%

 

 

Riyadh topped the POS transactions in value with almost SAR 3.28 billion, representing 31% of total sales. Jeddah came second with SAR 1.65 billion, as indicated below:

 

POS Transactions by City (SAR mln)

City

Transaction Value Week Ended Sept. 17

Transaction Value Week Ended Sept. 24

Weekly Change

Riyadh

3,269.3

3,277.9

+ 0.3 %

Jeddah

1,600.3

1,647.8

+ 3 %

Dammam

564.1

569.1

+ 1 %

Madinah

380.6

406.6

+ 7 %

Makkah

372.6

403.8

+ 8 %

Al Khobar

311.1

331.1

+ 6 %

Buraydah

249.5

262.6

+ 5 %

Tabuk

186.6

184.4

(1%)

Hail

165.2

164.2

(1%)

Abha

141.4

147.1

+ 4 %

Other Cities

3,003.1

3,030.8

+ 1 %

Total

10,243.8

10,425.5

+ 2 %

 

 

Details and Historical Data of Consumer Spending

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