POS device
The point-of-sale (POS) transactions reached nearly SAR 10.60 billion in the week ended Nov. 12, compared to SAR 11.75 billion in the week before, data issued by the Saudi Central Bank (SAMA) showed.
Data showed that about 154.21 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% |
Nov. 6 – Nov. 12 |
154213 |
10601.1 |
(10%) |
All sectors declined, except for the hotels rose by 2% week-on-week (WoW). The education sector was the biggest decliner, dropping 37%. It was followed by jewelry that fell by 18%.
During the week, consumer spending focused on the food and beverages sector, reaching nearly SAR 1.59 billion, representing almost 15% of total sales. It was followed by the restaurants and cafes sector at SAR 1.58 billion, representing 14.9% of sales.
The following table details consumer spending in each sector:
POS Transactions by Sector (SAR mln) |
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Sector |
Value of Transactions in Week Ended Nov. 5 |
Value of Transactions in Week Ended Nov. 12 |
Weekly Change |
Education |
150.77 |
95.41 |
(37%) |
Jewelry |
225.76 |
185.81 |
(18%) |
Telecommunications |
102.53 |
85.84 |
(16%) |
Recreation and Culture |
278.40 |
239.41 |
(14%) |
Food and Beverages |
1839.52 |
1594.81 |
(13%) |
Miscellaneous Goods and Services |
1325.83 |
1170.06 |
(12%) |
Transport |
706.20 |
629.63 |
(12%) |
Clothes and Footwear |
799.29 |
715.53 |
(11%) |
Healthcare |
831.81 |
747.05 |
(10%) |
Public Utilities |
93.75 |
86.61 |
(8%) |
Furniture |
323.77 |
305.30 |
(6%) |
Restaurants and Cafes |
1653.11 |
1576.09 |
(5%) |
Electronics and Electric Appliances |
274.61 |
263.20 |
(4%) |
Fuel Stations |
734.76 |
711.25 |
(3%) |
Construction Materials |
378.68 |
369.76 |
(2%) |
Hotels |
235.09 |
238.61 |
+2% |
Other |
1796.12 |
1586.73 |
(12%) |
Total |
11750.00 |
10601.10 |
(10%) |
Riyadh topped the POS transactions in value with almost SAR 3.40 billion, representing 32% of total sales. Jeddah came second with SAR 1.59 billion, as indicated below:
POS Transactions by City (SAR mln) |
|||
City |
Value of Transactions in Week Ended Nov. 5 |
Value of Transactions in Week Ended Nov. 12 |
Weekly Change |
Riyadh |
3725.95 |
3395.69 |
(9%) |
Jeddah |
1740.44 |
1588.52 |
(9%) |
Dammam |
630.85 |
573.74 |
(9%) |
Madinah |
439.34 |
398.64 |
(9%) |
Makkah |
438.66 |
392.63 |
(11%) |
Al Khobar |
351.89 |
328.47 |
(7%) |
Buraydah |
290.63 |
256.46 |
(12%) |
Tabuk |
238.02 |
201.17 |
(16%) |
Hail |
202.56 |
177.64 |
(12%) |
Abha |
156.80 |
137.68 |
(12%) |
Other Cities |
3534.86 |
3150.49 |
(11%) |
Total |
11750.00 |
10601.10 |
(10%) |
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