POS weekly transactions hit SAR 12.1 bln: SAMA

11/10/2023 Argaam Special
POS device

POS device


The point-of-sale POS transactions reached nearly SAR 12.15 billion in the week ended Oct. 7, compared to almost SAR 13.62 billion in the week before, data issued by the Saudi Central Bank SAMA showed.

 

The data showed that about 189.42 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

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

88%

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 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- 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%

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%

Aug. 13 – 19

172775

12020.6

+0.4%

Aug. 20 – 26

166097

11367.7

5%

Aug. 27 – Sept. 2

195602

13836.3

+22%

Sept. 3 – 9

180155

11326.9

18%

Sept. 10 – 16

181876

11186.1

1%

Sept. 17 – 23

173910

10869.2

33%

Sept. 24 – 30

191142

13624.6

+25%

Oct. 1 - 7

189423

12145.5

11%

 

Education and Jewellery were the sole gainers in terms of the value of POS transactions, by 11% and 30%, respectively.

 

Meanwhile, Furniture led decliners, with 29%, followed by Electronics & Electric Appliances (26%) and Healthcare sector (15%).  

 

During the week, consumer spending was focused on Food and Beverages (F&B) with nearly SAR 2 billion, followed by Restaurants and Cafes (SAR 1.75 billion). 

 

POS Transactions by Sector (SAR mln)

Sector

Value of Transactions in Week Ended Sept. 30

Value of Transactions in Week Ended Oct. 7

Weekly Change

Furniture

407.6

290.5

29%

Electronic & Electric Devices

314.6

233.2

26%

Health

976.9

830.5

15%

Clothing & Footwear

769.0

659.4

14%

Construction & Building Materials

410.0

354.3

14%

Beverage & Food

2285.8

2004.2

12%

Transportation

787.4

692.4

12%

Telecommunications

126.1

112.2

11%

Miscellaneous Goods & Services

1566.2

1423.7

9%

Recreation & Culture

327.4

307.1

6%

Gas Stations

831.6

791.3

5%

Restaurants & Cafe

1807.2

1751.1

3%

Public Utilities

128.5

124.7

3%

Hotels

261.5

257.5

2%

Education

145.6

161.8

+11%

Jewelry

260.4

338.7

+30%

Other

2218.8

1813.0

18%

Total

13624.6

12145.5

11%

 
 

By city, Riyadh topped in terms of POS transaction value with almost SAR 4.04 billion, or 33% of total sales. Jeddah came in second with SAR 1.72 billion, as indicated below:

 

POS Transactions by City (SAR mln)

City

Value of Transactions in Week Ended Sept. 30

Value of Transactions in Week Ended Oct. 7

Weekly Change

Riyadh

4442.4

4035.9

9%

Jeddah

1866.7

1719.0

8%

Dammam

689.2

631.6

8%

Makkah

518.5

468.5

10%

Madinah

527.3

460.2

13%

Al Khobar

399.2

350.9

12%

Buraidah

327.9

285.7

13%

Tabuk

275.8

237.0

14%

Hail

228.9

197.3

14%

Abha

183.3

154.6

16%

Other cities

4165.4

3604.9

13%

Total

13624.6

12145.5

11%

 
 

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