POS device
The point-of-sale (POS) transactions reached nearly SAR 10.3 billion in the week ended Feb. 18, compared to SAR 10.9 billion in the week before, data issued by the Saudi Central Bank (SAMA) showed.
Data showed that about 152.2 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 |
(9.3%) |
|
Dec. 25-31 |
168373 |
13456.6 |
+38% |
|
Jan. 1-7, 2023 |
157175 |
11173.8 |
(17%) |
|
Jan. 8-14 |
155827 |
10673.8 |
(4%) |
|
Jan. 15-21 |
144764 |
9713.0 |
(9%) |
|
Jan. 22-28 |
141095 |
10105.4 |
+4% |
|
Jan. 29- Feb. 4 |
167916 |
12020.5 |
+19% |
|
Feb. 5- Feb. 11 |
160761 |
10912.3 |
(9%) |
|
Feb. 12- Feb. 18 |
152195 |
10347.3 |
(5%) |
The education sector was the top decliner, with 10%. It was followed by miscellaneous goods and services, fuel stations and food and beverages (F&B) sectors, which fell 9% each.
Jewelry sector saw the biggest increase of 15%, followed by public utilities (7%).
During the week, consumer spending focused on the restaurants and cafes sector, reaching nearly SAR 1.56 billion, followed by F&B sector with SAR 1.51 billion.
The following table details consumer spending in each sector:
|
POS Transactions by Sector (SAR mln) |
|||
|
Sector |
Value of Transactions in Week Ended Feb. 11 |
Value of Transactions in Week Ended Feb. 18 |
Weekly Change |
|
Education |
128.3 |
116.1 |
(10%) |
|
Fuel Stations |
737.8 |
674.1 |
(9%) |
|
Miscellaneous Goods and Services |
1,161.7 |
1,058.5 |
(9%) |
|
F&B |
1,657.6 |
1,514.6 |
(9%) |
|
Telecommunications |
89.4 |
82.5 |
(8%) |
|
Restaurants and Cafes |
1,677.1 |
1,557.5 |
(7%) |
|
Health |
749.6 |
700.3 |
(7%) |
|
Hotels |
302.8 |
288.3 |
(5%) |
|
Recreation and Culture |
262.6 |
255.3 |
(3%) |
|
Electronics and Electric Appliances |
231.1 |
226.6 |
(2%) |
|
Construction Materials |
360.9 |
359.0 |
(1%) |
|
Transport |
591.0 |
589.5 |
(0.3%) |
|
Clothes and Footwear |
684.9 |
689.7 |
+1% |
|
Furniture |
291.2 |
297.1 |
+2% |
|
Public Utilities |
94.8 |
101.6 |
+7% |
|
Jewelry |
202.9 |
233.2 |
+15% |
|
Others |
1,688.5 |
1,603.4 |
(5%) |
|
Total |
10,912.3 |
10,347.3 |
(5%) |
Riyadh topped the POS transactions in terms of value with almost SAR 3.46 billion, or 33% of total sales. Jeddah came second with SAR 1.54 billion, as indicated below:
|
POS Transactions by City (SAR mln) |
|||
|
City |
Value of Transactions in Week Ended Feb. 11 |
Value of Transactions in Week Ended Feb. 18 |
Weekly Change |
|
Riyadh |
3,584.1 |
3,462.1 |
(3%) |
|
Jeddah |
1,597.1 |
1,543.2 |
(3%) |
|
Dammam |
568.8 |
544.7 |
(4%) |
|
Makkah |
455.1 |
435.2 |
(4%) |
|
Madinah |
424.9 |
404.3 |
(5%) |
|
Al Khobar |
324.3 |
322.7 |
(0.5%) |
|
Buraydah |
258.1 |
241.5 |
(6%) |
|
Tabuk |
192.0 |
177.0 |
(8%) |
|
Hail |
175.2 |
159.2 |
(9%) |
|
Abha |
138.5 |
129.8 |
(6%) |
|
Other Cities |
3,194.2 |
2,927.5 |
(8%) |
|
Total |
10,912.3 |
10,347.3 |
(5%) |
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