POS device
The point-of-sale (POS) transactions reached nearly SAR 13.2 billion in the week ended March 11, compared to SAR 14.57 billion in the week before, data issued by the Saudi Central Bank (SAMA) showed.
Data showed that about 174.65 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%) |
|
Feb. 19- Feb. 25 |
147813 |
10399.4 |
+1% |
|
Feb. 26- March 4 |
182044 |
14574.1 |
+40% |
|
March 5-11 |
174654 |
13209.3 |
(9%) |
All sectors witnessed a decline during the week, except for clothes & footwear and hotels sectors, which rose by 4% and 9%, respectively.
Education sector saw the steepest decline of 60%, followed by telecommunications (22%) and health (18%).
During the week, consumer spending focused on the food and beverages sector, reaching nearly SAR 2.03 billion, followed by restaurants and cafes sector with SAR 1.97 billion.
The following table details consumer spending in each sector:
|
POS Transactions by Sector (SAR mln) |
|||
|
Sector |
Value of Transactions in Week Ended March 4 |
Value of Transactions in Week Ended March 11 |
Weekly Change |
|
Education |
232.9 |
93.7 |
(60%) |
|
Telecommunications |
124.5 |
96.7 |
(22%) |
|
Health |
936.6 |
769.4 |
(18%) |
|
Food and Beverages |
2397.7 |
2025.9 |
(16%) |
|
Transport |
770.5 |
663.1 |
(14%) |
|
Miscellaneous Goods and Services |
1508.7 |
1315.4 |
(13%) |
|
Construction Materials |
433.7 |
395.5 |
(9%) |
|
Jewelry |
274.6 |
253.6 |
(8%) |
|
Fuel Stations |
845.4 |
774.6 |
(8%) |
|
Furniture |
438.7 |
401.9 |
(8%) |
|
Public Utilities |
127.3 |
116.9 |
(8%) |
|
Recreation and Culture |
341.2 |
317.1 |
(7%) |
|
Electronics and Electric Appliances |
295.0 |
286.3 |
(3%) |
|
Restaurants and Cafes |
1985.4 |
1973.0 |
(1%) |
|
1080.9 |
1127.3 |
+4% |
|
|
Hotels |
357.8 |
388.7 |
+9% |
|
Others |
2423.2 |
2210.0 |
(9%) |
|
Total |
14574.1 |
13209.3 |
(9%) |
Riyadh topped the POS transactions in terms of value with almost SAR 4.19 billion, or 32% of total sales. Jeddah came second with SAR 2.02 billion, as indicated below:
|
POS Transactions by City (SAR mln) |
|||
|
City |
Value of Transactions in Week Ended March 4 |
Value of Transactions in Week Ended March 11 |
Weekly Change |
|
Riyadh |
4600.0 |
4186.9 |
(9%) |
|
Jeddah |
2049.9 |
2024.4 |
(1%) |
|
Dammam |
738.2 |
688.1 |
(7%) |
|
Madinah |
579.4 |
543.9 |
(6%) |
|
Al Khobar |
416.5 |
398.6 |
(4%) |
|
Buraydah |
359.1 |
319.7 |
(11%) |
|
Makkah |
587.1 |
554.5 |
(6%) |
|
Abha |
184.2 |
165.4 |
(10%) |
|
Hail |
255.7 |
210.1 |
(18%) |
|
Tabuk |
283.9 |
224.0 |
(21%) |
|
Other Cities |
4520.1 |
3893.6 |
(14%) |
|
Total |
14574.1 |
13209.3 |
(9%) |
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