POS weekly transactions up to SAR 11.7 bln: SAMA

15/06/2023 Argaam Special

POS weekly transactions up to SAR 11.7 bln: SAMA

POS device


The point-of-sale (POS) transactions reached nearly SAR 11.69 billion in the week ended June 10, compared to SAR 13.82 billion in the week before, data issued by the Saudi Central Bank (SAMA) showed.

 

Data showed that about 173.92 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

May 22- 28, 2022

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%

Sept. 2 – Oct. 8

154383

10819.8

(% 16)

Sept. 9 – Oct. 15

151340

10265.2

(5%)

Sept. 16 – Oct. 22

138928

9513.2

(7%)

Sept. 23 – Oct. 29

156360

11687.2

+23%

Oct. 30 – Nov. 05

160288

11750.0

+1%

Nov. 06 – 12

154213

10601.1

(10%)

Nov. 13 – 19

145626

9799.2

(8%)

Nov. 20 – 26

142629

10022.1

+2%

Nov. 27 – Dec. 03

171207

13681.5

+37%

Dec. 04 – 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

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- 11

160761

10912.3

(9%)

Feb. 12- 18

152195

10347.3

(5%)

Feb. 19- 25

147813

10399.4

+1%

Feb. 26 - March 4

182044

14574.1

+40%

March 5- 11

174654

13209.3

(9%)

March 12- 18

163255

11999.2

(9%)

March 19- 25

146312

11040.4

(8%)

March 26- April 1

150207

12704.2

+15%

April 2-8

153826

12580.8

(1%)

April 9-15

156734

13039.3

+4%

April 16-22

153692

12004.0

(8%)

April 23-29

155411

10377.6

(14%)

April 30-May 6

172577

11592.9

+12%

 
 

All sectors’ sales decreased during the week, except for the education sector, which increased by 3%. The food and beverage sector, which fell by 23%, was the most affected. Hotels and telecommunications fell by 22% and 20%, respectively.

 

During the week, consumer spending was concentrated in the restaurants and cafes sector, which accounted for SAR 1.73 billion, followed by the food and beverage sector, which accounted for 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 Jan. 29

Value of

Transactions in

Week Ended Feb. 4

Weekly Change

Food and Beverages

2227.7

1708.7

(23%)

Hotels

252.3

195.6

(22%)

Telecommunications

130.1

103.9

(20%)

Miscellaneous Goods and Services

1460.2

1231.6

(16%)

Health

910.4

764.4

(16%)

Restaurants and Cafes

2017.7

1728.4

(14%)

Clothes and Footwear

913.0

785.5

(14%)

Electronics and Electric Appliances

380.9

328.1

(14%)

Transport

808.7

697.5

(14%)

Public Utilities

122.0

105.6

(13%)

Furniture

330.8

286.7

(13%)

Fuel Stations

847.6

739.5

(13%)

Recreation and Culture

311.1

272.9

(12%)

Jewelry

268.4

249.4

(7%)

Construction Materials

367.2

348.2

(5%)

Education

196.0

202.2

+3%

Others

2271.4

1938.7

(15%)

Total

13815.2

11686.8

(15%)

 

 

Riyadh led the way in terms of POS transaction value, accounting for nearly SAR 3.94 billion, or 34% of total sales. Jeddah came in second place with SAR 1.69 billion, as shown below: 

 

POS Transactions by City (SAR mln)

City

Value of

Transactions in

Week Ended Jan. 29

Value of

Transactions in

Week Ended Feb. 4

Weekly Change

Riyadh

4446.5

3937.9

(11%)

Jeddah

1942.7

1687.7

(13%)

Dammam

709.6

629.0

(11%)

Madinah

496.4

407.1

(18%)

Makkah

485.6

393.5

(19%)

Al Khobar

413.8

363.9

(12%)

Buraydah

323.9

278.0

(14%)

Tabuk

281.5

218.8

(22%)

Hail

238.1

184.5

(23%)

Abha

202.9

161.2

(21%)

Other Cities

4274.5

3425.3

(20%)

Total

13815.2

11686.8

(15%)

 

 

 

 

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