POS weekly transactions up to SAR 12 bln: SAMA

23/08/2023 Argaam Special

المركزي السعودي: 12 مليار ريال المبيعات عبر نقاط البيع خلال الأسبوع المنتهي في 19 أغسطس 2023

POS device


The point-of-sale (POS) transactions reached nearly SAR 12.02 billion in the week ended Aug. 19, compared to SAR 11.97 billion in the week before, data issued by the Saudi Central Bank (SAMA) showed.

 

The data showed that about 172.78 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

+%

Aug. 6-12

178956

11969.1

(5%)

Aug. 13-19

172775

12020.6

+ 0.4 %

 
 

The increase was driven by a 196% surge in the education sector, in addition to a rise in POS transactions in the recreation and culture sector as well as the clothes and footwear sector by 9% and 3%, respectively.

 

On the other hand, all remaining sectors witnessed a decline in POS transactions during the week, led by the hotel sector, which fell 19%. It was followed by the restaurants and cafes and the telecommunications sectors, which saw a 10% drop each.

 

Consumer spending focused on food and beverages in the week, with nearly SAR 1.68 billion, followed by restaurants and cafes with SAR 1.64 billion.

 

POS Transactions by Sector (SAR mln)

Segment

Value of Transactions in Week Ended Aug. 12

Value of Transactions in Week Ended Aug. 19

Weekly Change

Hotels

335.9

272.3

(19%)

Restaurants and Cafes

1813.7

1638.7

(10%)

Telecommunications

94.3

84.7

(10%)

Healthcare

743.6

683.8

(8%)

Jewelry

197.5

185.7

(6%)

Miscellaneous Goods & Services

1301.9

1235.8

(5%)

Construction & Building Materials

328.3

315.0

(4%)

Fuel Stations

762.2

729.2

(4%)

Public Utilities

109.3

105.3

(4%)

Food & Beverage

1739.8

1678.8

(4%)

Transportation

703.4

685.4

(3%)

Furniture

272.0

263.8

(3%)

Electronics and Electric Appliances

223.1

219.6

(2%)

Clothing & Footwear

822.6

850.8

+3%

Recreation & Culture

279.2

305.5

+9%

Education

295.9

875.4

+196%

Other

1946.3

1890.8

(3%)

Total

11,969.1

12,020.6

(0.4%)

 
 

Riyadh topped in POS transaction value, with nearly SAR 4.01 billion, or 33% of total sales. Jeddah came second with SAR 1.72 billion, as indicated below:

 

POS Transactions by City (SAR mln)

City

Value of Transactions in Week Ended Aug. 12

Value of Transactions in Week Ended Aug. 19

Weekly Change

Riyadh

3752.3

4010.3

+7%

Jeddah

1746.2

1715.7

(2%)

Dammam

568.2

605.2

+7%

Makkah

511.9

490.4

(4%)

Madinah

480.7

480.9

+0.1%

Al Khobar

320.7

342.1

+7%

Buraidah

272.6

277.1

+2%

Tabuk

210.8

212.0

+1%

Abha

246.8

205.1

(17%)

Hail

191.7

178.2

(7%)

Other cities

3667.1

3503.6

(5%)

Total

11,969.1

12,020.6

(0.4%)

 

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