POS weekly transactions hit SAR 11 bln: SAMA

29/03/2023 Argaam Special


The point-of-sale (POS) transactions reached nearly SAR 11.04 billion in the week ended March 25, compared to SAR 12 billion in the week before, data issued by the Saudi Central Bank (SAMA) showed.

 

Data showed that about 146.31 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
(SAR mln)

Weekly Change

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- Mar 4

182044

14574.1

+40%

Mar 5 – Mar 11

174654

13209.3

(9%)

Mar 12-Mar 18

163255

11999.2

(9%)

Mar 19-Mar 25

146312

11040.4

(8%)

 

 

All sectors reported weak performance, except for food and beverages that rose 10%.

 

Education led the declining sectors, falling by 35%, followed by restaurants and cafes (25%) and hotels and recreation and culture (16% each).

 

During the week, consumer spending focused on food and beverages at nearly SAR 2.2 billion, and restaurants and cafes at SAR 1.24 billion:

 

The following table details consumer spending in each sector:

 

POS Transactions by Sector (SAR mln)

Sector

Value of

Transactions in

Week Ended March 18

Value of

Transactions in

Week Ended March 25

Weekly Change

Education

223.4

144.6

(35%)

Restaurants and Cafes

1653.1

1238.9

(25%)

Hotels

316.8

265.5

(16%)

Recreation and Culture

287.6

242.3

(16%)

Clothes & Footwear

906.8

790.7

(13%)

Construction Materials

375.9

336.4

(11%)

Fuel Stations

712.3

632.7

(11%)

Jewelry

204.7

189.3

(8%)

Miscellaneous Goods and Services

1164.0

1067.1

(8%)

Healthcare

703.3

644.6

(8%)

Furniture

371.6

340.8

(8%)

Public Utilities

109.1

104.0

(5%)

Transport

632.4

607.8

(4%)

Telecommunications

86.2

83.7

(3%)

Electronics and Electric Appliances

259.1

253.8

(2%)

Food & Beverages

1996.2

2198.2

+10%

Others

1996.7

1900.2

(5%)

Total

11999.2

11040.4

(8%)

 

 

 

Riyadh topped the POS transactions in terms of value with almost SAR 3.66 billion, or 33% of total sales. Jeddah came second with SAR 1.62 billion, as indicated below:

 

POS Transactions by City (SAR mln)

City

Value of

Transactions in

Week Ended March 18

Value of

Transactions in

March 25 Week Ended 

Weekly Change

Riyadh

3954.1

3659.5

(7%)

Jeddah

1780.8

1615.3

(9%)

Dammam

637.5

585.0

(8%)

Makkah

491.2

529.9

+8%

Madinah

463.6

419.4

(10%)

Al Khobar

373.2

320.3

(14%)

Buraydah

286.7

268.4

(6%)

Tabuk

205.1

181.6

(11%)

Hail

189.8

166.1

(12%)

Abha

144.5

136.2

(6%)

Other Cities

3472.6

3158.6

(9%)

Total

11999.2

11040.4

(8%)

 
 

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