POS weekly transactions up to SAR 12 bln: SAMA

16/08/2023 Argaam Special

POS weekly transactions up to SAR 12 bln: SAMA

POS device


Point-of-sale (POS) transactions reached nearly SAR 11.97 billion in the week ended Aug. 12, compared to SAR 12.66 billion in the week before, data issued by the Saudi Central Bank (SAMA) showed.

 

Data showed that about 178.96 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 POS transactions:

 

Weekly POS Transactions

Week

Number of Transactions (’000)

Value of Transactions

(SAR mln)

Weekly Change

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%

May 7- 13

171464

10890.2

(6%)

May 14- 20

160857

10092.0

(7%)

May 21- 27

163445

10705.0

+6%

May 28- June 3

188590

13815.2

+29%

June 4- 10

173918

11686.9

(15%)

May 28- June 3

188590

13815.2

+29%

June 4- 10

173918

11686.9

(15%)

June 11- 17

175694

11651.8

(0.3%)

June 18- 24

171662

12295.7

+6%

June 25- July 1

177776

12123.1

(1%)

July 2 – 8

166489

11189.6

(8%)

July 9 – 15

171246

10919.2

(2%)

July 16 – 22

159618

10120.9

(7%)

July 23- 29

173387

11917.3

+18%

July 30- Aug. 5

183645

12664.7

+6%

Aug. 6 - 12

178956

11969.1

(5%)

 

All sectors witnessed a decrease in POS transactions during the week, except for education, which rose by 61%.

 

Jewelry led the declining sectors as it retreated 10%, followed by electronics & electric appliances and miscellaneous goods & services (-9% each).

 

Consumer spending focused on the restaurants & cafes sector in the week, with nearly SAR 1.81 billion, followed by food & beverages with SAR 1.74 billion.

 

POS Transactions by Sector (SAR mln)

Segment

Value of Transactions in Week Ended Aug. 5

Value of Transactions in Week Ended Aug. 12

Weekly Change

Jewelry

219.7

197.5

(10%)

Electronics & Electric Appliances

246.4

223.1

(9%)

Miscellaneous Goods & Services

1428.4

1301.9

(9%)

Food & Beverages

1896.1

1739.8

(8%)

Furniture

295.5

272.0

(8%)

Telecommunications

102.3

94.3

(8%)

Transport

758.6

703.4

(7%)

Recreation & Culture

300.9

279.2

(7%)

Healthcare

798.6

743.6

(7%)

Hotels

356.2

335.9

(6%)

Restaurants & Cafes

1908.7

1813.7

(5%)

Public Utilities

114.5

109.3

(5%)

Construction Materials

343.4

328.3

(4%)

Fuel Stations

780.1

762.2

(2%)

Clothes & Footwear

833.4

822.6

(1%)

Education

184.4

295.9

+61%

Other

2097.3

1946.3

(7%)

Total

12664.7

11969.1

(5%)

 

 

Riyadh led the way in POS transaction value, accounting for nearly SAR 3.75 billion, or 31% of total sales. Jeddah came in second place with SAR 1.75 billion, as shown below:

 

POS Transactions by City (SAR mln)

City

Value of Transactions in Week Ended Aug. 5

Value of Transactions in Week Ended Aug. 12

Weekly Change

Riyadh

3909.0

3752.3

(4%)

Jeddah

1816.3

1746.2

(4%)

Dammam

601.3

568.2

(5%)

Makkah

543.2

511.9

(6%)

Madinah

495.1

480.7

(3%)

Al Khobar

335.4

320.7

(4%)

Buraidah

284.5

272.6

(4%)

Abha

271.7

246.8

(9%)

Tabuk

224.6

210.8

(6%)

Hail

213.1

191.7

(10%)

Other cities

3970.5

3667.1

(8%)

Total

12664.7

11969.1

(5%)

 

 

Details and Historical Data of Consumer Spending

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