POS device
The point-of-sale (POS) transactions reached nearly SAR 11.15 billion in the week ended Oct. 14, compared to about SAR 12.15 billion the week before, data issued by the Saudi Central Bank (SAMA) showed.
Data showed that about 183.77 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% |
|
Oct. 8 - 14 |
183772 |
11146.7 |
8% |
All sectors declined in POS transactions, led by education falling by 35%, followed by jewelry (25%) as well as recreation & culture (14%).
During the week, consumer spending was focused on the food and beverages sector, with nearly SAR 1.83 billion, followed by restaurants and cafes (SAR 1.69 billion).
|
POS Transactions by Sector (SAR mln) |
|||
|
Sector |
Value of Transactions in Week Ended Oct. 7 |
Value of Transactions in Week Ended Oct. 14 |
Weekly Change |
|
Education |
161.8 |
105.0 |
(35%) |
|
Jewelry |
338.7 |
253.3 |
(25%) |
|
Recreation & Culture |
307.1 |
263.5 |
(14%) |
|
Miscellaneous Goods & Services |
1423.7 |
1267.1 |
(11%) |
|
Clothing & Footwear |
659.4 |
587.7 |
(11%) |
|
Telecommunications |
112.2 |
100.0 |
(11%) |
|
Furniture |
290.5 |
262.0 |
(10%) |
|
Electronic & Electric Devices |
233.2 |
208.9 |
(10%) |
|
Beverage & Food |
2004.2 |
1833.9 |
(9%) |
|
Healthcare |
830.5 |
777.9 |
(6%) |
|
Construction & Building Materials |
354.3 |
338.8 |
(4%) |
|
Public Utilities |
124.7 |
119.5 |
(4%) |
|
Restaurants & Cafe |
1751.1 |
1686.7 |
(4%) |
|
Gas Stations |
791.3 |
778.3 |
(2%) |
|
Hotels |
257.5 |
253.5 |
(2%) |
|
Transportation |
692.4 |
677.8 |
(2%) |
|
Other |
1813.0 |
1632.9 |
(10%) |
|
Total |
12145.5 |
11146.7 |
(8%) |
Riyadh led in POS transaction value, accounting for nearly SAR 3.74 billion, or 33.6% of total sales. Jeddah came in second with SAR 1.57 billion, as shown below:
|
POS Transactions by City (SAR mln) |
|||
|
City |
Value of Transactions in Week Ended Oct. 7 |
Value of Transactions in Week Ended Oct. 14 |
Weekly Change |
|
Riyadh |
4035.9 |
3741.2 |
(7%) |
|
Jeddah |
1719.0 |
1572.3 |
(9%) |
|
Dammam |
631.6 |
567.9 |
(10%) |
|
Makkah |
468.5 |
432.5 |
(8%) |
|
Madinah |
460.2 |
423.4 |
(8%) |
|
Al Khobar |
350.9 |
326.4 |
(7%) |
|
Buraidah |
285.7 |
265.2 |
(7%) |
|
Tabuk |
237.0 |
215.0 |
(9%) |
|
Hail |
197.3 |
179.6 |
(9%) |
|
Abha |
154.6 |
142.3 |
(8%) |
|
Other cities |
3604.9 |
3280.9 |
(9%) |
|
Total |
12145.5 |
11146.7 |
(8%) |
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