POS device
The point-of-sale (POS) transactions reached nearly SAR 10.7 billion in the week ended Jan. 14, compared to SAR 11.2 billion in the week before, data issued by the Saudi Central Bank (SAMA) showed.
Data showed that about 155.8 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 |
157175 |
11173.8 |
(17%) |
|
Jan. 8-14 |
155827 |
10673.8 |
(4%) |
Recreation and culture sector saw the steepest fall of 17%, followed by clothes and footwear, and, furniture dropping 12% and 11%, respectively.
On the other hand, education sector topped the list with an increase of 25%, followed by communications at 21% and transport at 8%.
During the week, consumer spending focused on the restaurants and cafes sector, reaching nearly SAR 1.64 billion, followed by the food and beverages sector with SAR 1.57 billion.
The following table details consumer spending in each sector:
|
POS Transactions by Sector (SAR mln) |
|||
|
Sector |
Value of Transactions in Week Ended Jan. 7 |
Value of Transactions in Week Ended Jan. 14 |
Weekly Change |
|
Recreation and Culture |
304.8 |
252.3 |
(17%) |
|
Clothes and Footwear |
863.5 |
759.2 |
(12%) |
|
Furniture |
309.9 |
275.8 |
(11%) |
|
Electronics and Electric Appliances |
234.7 |
210.0 |
(10%) |
|
Food and Beverages |
1746.1 |
1567.1 |
(10%) |
|
Telecommunications |
95.3 |
89.2 |
(6%) |
|
Jewelry |
177.9 |
166.9 |
(6%) |
|
Miscellaneous Goods and Services |
1233.9 |
1179.4 |
(4%) |
|
Restaurants and Cafes |
1713.0 |
1644.3 |
(4%) |
|
Health |
718.6 |
703.2 |
(2%) |
|
Public Utilities |
87.2 |
86.9 |
(0.4%) |
|
Fuel Stations |
728.2 |
744.7 |
+2 % |
|
Construction Materials |
319.5 |
329.8 |
+3 % |
|
Transport |
542.4 |
582.9 |
+8 % |
|
Hotels |
242.1 |
293.5 |
+21 % |
|
Education |
127.6 |
159.4 |
+25 % |
|
Other |
1729.0 |
1629.1 |
(6%) |
|
Total |
11173.8 |
10673.8 |
(4%) |
Riyadh topped the POS transactions in terms of value with almost SAR 3.53 billion, or 33% of total sales. Jeddah came second with SAR 1.56 billion, as indicated below:
|
POS Transactions by City (SAR mln) |
|||
|
City |
Value of Transactions in Week Ended Jan. 7 |
Value of Transactions in Week Ended Jan. 14 |
Weekly Change |
|
Riyadh |
3654.4 |
3526.3 |
(4%) |
|
Jeddah |
1567.0 |
1564.6 |
(0.2%) |
|
Dammam |
595.5 |
563.6 |
(5%) |
|
Makkah |
460.9 |
436.1 |
(5%) |
|
Madinah |
434.3 |
424.4 |
(2%) |
|
Al Khobar |
335.9 |
321.9 |
(4%) |
|
Buraydah |
251.2 |
253.3 |
+1 % |
|
Tabuk |
207.0 |
189.1 |
(9%) |
|
Hail |
179.1 |
170.0 |
(5%) |
|
Abha |
142.6 |
128.2 |
(10%) |
|
Other Cities |
3,345.8 |
3,096.3 |
(8%) |
|
Total |
11,173.8 |
10,673.8 |
(4%) |
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