POS device
The point-of-sale (POS) transactions reached nearly SAR 11.75 billion in the week ended Nov. 5, compared to SAR 11.69 billion in the week before, data issued by the Saudi Central Bank (SAMA) showed.
Data showed that about 160.29 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%) |
Oct. 23-29 |
156360 |
11687.2 |
+23% |
Oct. 30- Nov. 5 |
160288 |
11750.0 |
+1% |
The education sector saw the most surge week-on-week (WoW), increasing by 32%. It was followed by the clothes and footwear and furniture sectors at 6% and 5%, respectively.
On the other hand, the telecommunications sector recorded the steepest decline by 8%. The food and beverages and hotels sectors came next at 5%.
During the week, consumer spending focused on the food and beverages sector, reaching nearly SAR 1.84 billion, representing almost 15.7% of total sales. It was followed by the restaurants and cafes sector at SAR 1.65 billion, representing 14.1% 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. 29 |
Value of Transactions in Week Ended Nov. 5 |
Weekly Change |
Education |
114.19 |
150.77 |
+32% |
Clothes and Footwear |
753.47 |
799.29 |
+6% |
Furniture |
307.68 |
323.77 |
+5% |
Miscellaneous Goods and Services |
1277.49 |
1325.83 |
+4% |
Electronics and Electric Appliances |
263.62 |
274.61 |
+4% |
Public Utilities |
91.41 |
93.75 |
+3% |
Construction Materials |
370.39 |
378.68 |
+2% |
Healthcare |
819.03 |
831.81 |
+2% |
Restaurants and Cafes |
1621.05 |
1653.11 |
+2% |
Transport |
690.01 |
706.20 |
+2% |
Fuel Stations |
750.41 |
734.76 |
(2%) |
Jewelry |
231.18 |
225.76 |
(2%) |
Recreation and Culture |
286.79 |
278.40 |
(3%) |
Hotels |
247.33 |
235.09 |
(5%) |
Food and Beverages |
1944.40 |
1839.52 |
(5%) |
Telecommunications |
111.73 |
102.53 |
(8%) |
Other |
1806.99 |
1796.12 |
(1%) |
Total |
11,687.18 |
11,750.00 |
+1% |
Riyadh topped the POS transactions in value with almost SAR 3.73 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. 29 |
Value of Transactions in Week Ended Nov. 5 |
Weekly Change |
Riyadh |
3674.22 |
3725.95 |
+1% |
Jeddah |
1682.73 |
1740.44 |
+3% |
Dammam |
622.63 |
630.85 |
+1% |
Madinah |
433.60 |
439.34 |
+1% |
Makkah |
430.37 |
438.66 |
+2% |
Al Khobar |
339.46 |
351.89 |
+4% |
Buraydah |
285.67 |
290.63 |
+2% |
Tabuk |
238.32 |
238.02 |
(0.1%) |
Hail |
204.10 |
202.56 |
(1%) |
Abha |
163.05 |
156.80 |
(4%) |
Other Cities |
3613.05 |
3534.86 |
(2%) |
Total |
11687.18 |
11750.00 |
+1% |
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