POS weekly transactions hit SAR 11.8 bln: SAMA

10/11/2022 Argaam Special
POS device

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
(SAR mln)

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%

 

 

Details and Historical Data of Consumer Spending

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