POS weekly transactions rise to SAR 10 bln: SAMA

30/11/2022 Argaam Special


The point-of-sale (POS) transactions reached nearly SAR 10 billion in the week ended Nov. 26, compared to SAR 9.8 billion in the week before, data issued by the Saudi Central Bank (SAMA) showed.

 

Data showed that about 142.63 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%

Nov. 6-Nov. 12

154213

10601.1

(10%)

Nov. 13-Nov. 19

145626

9799.2

(8%)

Nov. 20-Nov. 26

142629

10022.1

+2%

 

The hotels sector was the top performer, rising by 27%. It was followed by the clothes and footwear (+23%) and jewelry (+8%) sectors.

 

On the other hand, the education sector was the worst performer, dropping 20%. Telecommunications and transport sectors followed, falling 11% each.

 

During the week, consumer spending focused on the restaurants and cafes sector, reaching nearly SAR 1.53 billion, or 15.3% of total sales. It was followed by the food and beverages sector with SAR 1.47 billion, accounting for 14.7% of sales. 

 

The following table details consumer spending in each sector:

 

POS Transactions by Sector (SAR mln)

Sector

Value of Transactions in Week Ended Nov. 19

Value of Transactions in Week Ended Nov. 26

Weekly Change

Hotels

222.07

282.84

+27%

Clothes and Footwear

648.27

797.72

+23%

Jewelry

166.54

179.02

+8%

Restaurants and Cafes

1439.51

1531.57

+6%

Miscellaneous Goods and Services

1062.91

1086.32

+2%

Food and Beverages

1447.20

1471.50

+2%

Furniture

288.53

294.99

+2%

Fuel Stations

653.91

663.09

+1%

Public Utilities

80.00

76.81

(4%)

Recreation and Culture

229.15

220.66

(4%)

Electronics and Electric Appliances

245.52

233.52

(5%)

Construction Materials

355.26

329.02

(7%)

Health

683.33

625.28

(9%)

Telecommunications

93.15

82.60

(11%)

Transport

602.54

536.58

(11%)

Education

115.32

92.62

(20%)

Other

1465.98

1517.96

+4%

Total

9799.18

10022.10

+2%

 

Riyadh topped the POS transactions in terms of value with almost SAR 3.31 billion, or 33% of total sales. Jeddah came second with SAR 1.36 billion, as indicated below:

 

POS Transactions by City (SAR mln)

City

Value of Transactions in Week Ended Nov. 19

Value of Transactions in Week Ended Nov. 26

Weekly Change

Riyadh

3222.32

3314.14

+2%

Jeddah

1456.83

1364.78

(6%)

Dammam

545.0

543.92

(0.2%)

Makkah

365.97

395.72

+8%

Madinah

366.39

396.33

+8%

Al Khobar

302.98

310.34

+2%

Buraydah

239.23

257.47

+8%

Tabuk

178.31

181.82

+2%

Hail

164.98

173.65

+5%

Abha

126.47

128.09

+1%

Other Cities

2830.71

2955.84

+4%

Total

9799.18

10022.10

+2%

 

 

Details and Historical Data of Consumer Spending

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