POS device
The point-of-sale (POS) transactions reached nearly SAR 11.2 billion in the week ended Jan. 7, compared to SAR 13.5 billion in the week before, data issued by the Saudi Central Bank (SAMA) showed.
Data showed that about 157.2 million transactions were processed during the week.
POS transactions represent what consumers spend using ATMs 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. 4-10 |
153088 |
11050.4 |
(19%) |
|
Dec. 11-17 |
155366 |
10739.3 |
(3%) |
|
Dec. 18-24 |
142409 |
9742.2 |
(9%) |
|
Dec. 25-31 |
168373 |
13456.6 |
+38% |
|
Jan. 1-7, 2023 |
157175 |
11173.8 |
(17%) |
All sectors saw a decline last week, led by the education sector, which fell 42%. It was followed by furniture and transport sectors, retreating by 28% and 25%, respectively.
During the week, consumer spending focused on the food & beverages sector, reaching nearly SAR 1.75 billion, followed by the restaurants & cafes sector with SAR 1.71 billion.
The following table details consumer spending in each sector:
|
POS Transactions by Sector (SAR mln) |
|||
|
Sector |
Value of Transactions in Week Ended Dec. 31 |
Value of Transactions in Week Ended Jan. 7 |
Weekly Change |
|
Education |
218.4 |
127.6 |
(42%) |
|
Furniture |
433.0 |
309.9 |
(28%) |
|
Transport |
723.4 |
542.4 |
(25%) |
|
Clothes and Footwear |
1114.4 |
863.5 |
(23%) |
|
Construction Materials |
405.2 |
319.5 |
(21%) |
|
Recreation and Culture |
380.8 |
304.8 |
(20%) |
|
Jewelry |
219.6 |
177.9 |
(19%) |
|
Electronics and Electric Appliances |
282.5 |
234.7 |
(17%) |
|
Telecommunications |
114.8 |
95.3 |
(17%) |
|
Food and Beverages |
2085.9 |
1746.1 |
(16%) |
|
Health |
856.9 |
718.6 |
(16%) |
|
Miscellaneous Goods and Services |
1450.1 |
1233.9 |
(15%) |
|
Hotels |
285.1 |
242.1 |
(15%) |
|
Public Utilities |
99.0 |
87.2 |
(12%) |
|
Fuel Stations |
803.7 |
728.2 |
(9%) |
|
Restaurants and Cafes |
1823.2 |
1713.0 |
(6%) |
|
Other |
2160.8 |
1729.0 |
(20%) |
|
Total |
13456.6 |
11173.8 |
(17%) |
Riyadh topped the POS transactions in terms of value with almost SAR 3.7 billion, or 33% of total sales. Jeddah came second with SAR 1.6 billion, as indicated below:
|
POS Transactions by City (SAR mln) |
|||
|
City |
Value of Transactions in Week Ended Dec. 31 |
Value of Transactions in Week Ended Jan. 7 |
Weekly Change |
|
Riyadh |
4260.6 |
3654.4 |
(14%) |
|
Jeddah |
1865.7 |
1567.0 |
(16%) |
|
Dammam |
719.2 |
595.5 |
(17%) |
|
Madinah |
554.2 |
434.3 |
(22%) |
|
Al Khobar |
397.4 |
335.9 |
(16%) |
|
Buraydah |
323.6 |
251.2 |
(22%) |
|
Makkah |
546.4 |
460.9 |
(16%) |
|
Abha |
170.0 |
142.6 |
(16%) |
|
Hail |
233.8 |
179.1 |
(23%) |
|
Tabuk |
273.5 |
207.0 |
(24%) |
|
Other Cities |
4112.2 |
3345.8 |
(19%) |
|
Total |
13456.6 |
11173.8 |
(17%) |
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