POS device
The point-of-sale (POS) transactions reached nearly SAR 11.1 billion in the week ended Dec. 10, compared to SAR 13.7 billion in the week before, data issued by the Saudi Central Bank (SAMA) showed.
Data showed that about 153.09 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%) |
|
Nov. 13-Nov. 19 |
145626 |
9799.2 |
(8%) |
|
Nov. 20-Nov. 26 |
142629 |
10022.1 |
+2% |
|
Nov. 27- Dec. 3 |
171207 |
13681.5 |
+37% |
|
Dec. 4- Dec. 10 |
153088 |
11050.4 |
(19%) |
Except for the education sector, which rose by 213%, all sectors saw a decline during the week.
The clothes and footwear sector registered the sharpest drop, falling 35%. It was followed by the hotels (-33%) and telecommunications (-28%) sectors.
During the week, consumer spending focused on the food and beverages sector, reaching nearly SAR 1.63 billion, or 14.8% of total sales. It was followed by the restaurants and cafes sector with SAR 1.59 billion, accounting for 14.4% of sales.
The following table details consumer spending in each sector:
|
POS Transactions by Sector (SAR mln) |
|||
|
Sector |
Value of Transactions in Week Ended Dec. 3 |
Value of Transactions in Week Ended Dec. 10 |
Weekly Change |
|
Clothes and Footwear |
1,172.07 |
765.33 |
(35%) |
|
Hotels |
382.03 |
258.06 |
(33%) |
|
Telecommunications |
127.11 |
92.18 |
(28%) |
|
Recreation and Culture |
364.05 |
280.65 |
(23%) |
|
Furniture |
390.86 |
299.43 |
(23%) |
|
Food and Beverages |
2081.26 |
1632.39 |
(22%) |
|
Miscellaneous Goods and Services |
1540.74 |
1232.25 |
(20%) |
|
Restaurants and Cafes |
1993.06 |
1588.60 |
(20%) |
|
Transport |
720.65 |
575.74 |
(20%) |
|
Electronics and Electric Appliances |
291.62 |
237.23 |
(19%) |
|
Health |
843.08 |
703.88 |
(17%) |
|
Fuel Stations |
823.22 |
706.74 |
(14%) |
|
Public Utilities |
98.73 |
87.29 |
(12%) |
|
Jewelry |
239.61 |
209.93 |
(12%) |
|
Construction Materials |
385.91 |
354.32 |
(8%) |
|
Education |
104.69 |
327.42 |
+ 213 % |
|
Other |
2,122.85 |
1,698.98 |
(20%) |
|
Total |
13,681.54 |
11,050.40 |
(19%) |
Riyadh topped the POS transactions in terms of value with almost SAR 3.65 billion, or 33% of total sales. Jeddah came second with SAR 1.64 billion, as indicated below:
|
POS Transactions by City (SAR mln) |
|||
|
City |
Value of Transactions in Week Ended Dec. 3 |
Value of Transactions in Week Ended Dec. 10 |
Weekly Change |
|
Riyadh |
4,237.29 |
3,654.54 |
(14%) |
|
Jeddah |
1,999.92 |
1,640.28 |
(18%) |
|
Dammam |
695.69 |
600.01 |
(14%) |
|
Madinah |
569.04 |
422.29 |
(26%) |
|
Al Khobar |
399.85 |
336.93 |
(16%) |
|
Buraydah |
334.09 |
268.21 |
(20%) |
|
Makkah |
562.35 |
417.51 |
(26%) |
|
Abha |
162.89 |
139.84 |
(14%) |
|
Hail |
254.71 |
182.49 |
(28%) |
|
Tabuk |
260.66 |
202.25 |
(22%) |
|
Other Cities |
4,205.07 |
3,186.05 |
(24%) |
|
Total |
13,681.54 |
11,050.40 |
(19%) |
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