POS device
The point-of-sale (POS) transactions reached nearly SAR 9.5 billion in the week ended Oct. 22, compared to SAR 10.27 billion in the week before, data issued by the Saudi Central Bank (SAMA) showed.
Data showed that about 138.93 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 |
Weekly Change |
|
Jan. 2-8, 2022 |
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%) |
|
Sept. 18-24 |
142432 |
10425.5 |
+1% |
|
Sept. 25-Oct. 1 |
160613 |
12844.9 |
+23% |
|
Oct. 2-8 |
154383 |
10819.8 |
(16%) |
|
Oct. 9-15 |
151340 |
10265.2 |
(5%) |
|
Oct. 16-22 |
138928 |
9513.2 |
(7%) |
All sectors saw a decline last week except for the jewelry sector which saw an increase of 5%.
The education sector led the decline with a 26% week-on-week (WoW) drop. It was followed by the public utilities sector at a 12% decrease. Clothes and footwear and fuel stations sectors came next with an 11% decrease each.
During the week, consumer spending focused on the food and beverages sector, reaching nearly SAR 1.43 billion, representing almost 15% of total sales. It was followed by the restaurants and cafes sector at SAR 1.4 billion, representing 14.8% of sales.
The following table details consumer spending in each sector:
|
POS Transactions by Sector (SAR mln) |
|||
|
Sector |
Value of Transactions in Week Ended Oct. 15 |
Value of Transactions in Week Ended Oct. 22 |
Weekly Change |
|
Education |
91.71 |
67.89 |
(26%) |
|
Public Utilities |
86.27 |
76.20 |
(12%) |
|
Clothes and Footwear |
614.32 |
547.02 |
(11%) |
|
Fuel Stations |
721.46 |
642.34 |
(11%) |
|
Hotels |
251.19 |
225.01 |
(10%) |
|
Miscellaneous Goods and Services |
1141.37 |
1034.14 |
(9%) |
|
Restaurants and Cafes |
1544.91 |
1410.03 |
(9%) |
|
Recreation and Culture |
259.94 |
240.66 |
(7%) |
|
Food and Beverages |
1538.95 |
1430.96 |
(7%) |
|
Healthcare |
735.37 |
683.72 |
(7%) |
|
Telecommunications |
101.35 |
96.70 |
(5%) |
|
Furniture |
271.17 |
263.32 |
(3%) |
|
Transport |
591.09 |
574.04 |
(3%) |
|
Electronics and Electric Appliances |
219.69 |
217.11 |
(1%) |
|
Construction Materials |
355.34 |
353.40 |
(1%) |
|
Jewelry |
223.42 |
233.96 |
+5% |
|
Other |
1517.65 |
1416.74 |
(7%) |
|
Total |
10,265.18 |
9,513.23 |
(7%) |
Riyadh topped the POS transactions in value with almost SAR 3.08 billion, representing 32% of total sales. Jeddah came second with SAR 1.47 billion, as indicated below:
|
POS Transactions by City (SAR mln) |
|||
|
City |
Value of Transactions in Week Ended Oct. 15 |
Value of Transactions in Week Ended Oct. 22 |
Weekly Change |
|
Riyadh |
3221.74 |
3077.41 |
(5%) |
|
Jeddah |
1561.68 |
1467.43 |
(6%) |
|
Dammam |
557.94 |
523.99 |
(6%) |
|
Madinah |
398.53 |
356.08 |
(11%) |
|
Makkah |
394.73 |
356.48 |
(10%) |
|
Al Khobar |
326.18 |
300.82 |
(8%) |
|
Buraydah |
246.60 |
234.01 |
(5%) |
|
Tabuk |
190.65 |
168.00 |
(11%) |
|
Hail |
170.68 |
151.53 |
(11%) |
|
Abha |
138.83 |
128.06 |
(8%) |
|
Other Cities |
3057.62 |
2749.42 |
(10%) |
|
Total |
10,265.18 |
9,513.23 |
(7%) |
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