POS weekly transactions reach SAR 11.3B: SAMA

29/11/2023 Argaam Special
POS device

POS device


Point-of-sale (POS) transactions in Saudi Arabia totaled approximately SAR 11.25 billion for the week ended Nov. 25, compared to SAR 11.27 billion in the previous week.

 

Data issued by the Saudi Central Bank (SAMA) showed that total POS transactions amounted to around 171.93 million for the week.

 

POS transactions represent consumer expenditures through debit and credit cards at major shopping centers, retail outlets, pharmacies, and others.

 

Weekly POS Transactions

Week

Number of Transactions

(‘000)

Value of Transactions
(SAR mln)

Change (%)

Nov.13–Nov.19

145626

9799.2

 (8%)

Nov.20–Nov.26

142629

10022.1

 +2% 

Nov.27–Dec.03

171207

13681.5

+37% 

Dec.04–Dec.10

153088

11050.4

(19%)

Dec.11–Dec.17

155366

10739.3

(3%)

Dec.18–Dec.24

142409

9742.2

(9.3%)

Dec.25–Dec.31

168373

13456.6

+38% 

Jan. 1 – Jan. 7, 2023

157175

11173.8

(17%)

Jan. 8 – Jan. 14

155827

10673.8

(4%)

Jan. 15 - Jan. 21

144764

9713.0

(9%)

Jan. 22 – Jan. 28

141095

10105.4

 +4% 

Jan. 29 – Feb. 4

167916

12020.5

 +19% 

Feb. 5 – Feb. 11

160761

10912.3

(9%)

Feb. 12 – Feb. 18

152195

10347.3

(5%)

Feb. 19 – Feb. 25

147813

10399.4

+1%

Feb. 26 – March 4

182044

14574.1

+40%

March 5 - March 11

174654

13209.3

(9%)

March 12 - March 18

163255

11999.2

(9%)

March 19 - March 25

146312

11040.4

(8%)

March 26 - April 1

150207

12704.2

+15% 

April 2 - April 8

153826

12580.8

(1%)

April 9 - April 15

156734

13039.3

+4% 

April 16 - April 22

153692

12004.0

(8%)

April 23 - April 29

155411

10377.6

(14%)

April 30 - May 6

172577

11592.9

+12% 

May 7 - May 13

171464

10890.2

(6%)

May 14 - May 20

160857

10092.0

(7%)

May 21 - May 27

163445

10705.0

+6%

May 28 - June 3

188590

13815.2

+29%

June 4 - June 10

173918

11686.9

(15%)

June 11 - June 17

175694

11651.8

(0.3%)

June 18 - June 24

171662

12295.7

+6%

June 25 - July 1

177776

12123.1

(1%)

July 2 - July 8

166489

11189.6

(8%)

July 9 - July 15

171246

10919.2

(2%)

July 16 - July 22

159618

10120.9

(7%)

July 23 - July 29

173387

11917.3

+18%

July 30 – Aug. 5

183645

12664.7

+6%

Aug. 6 – Aug. 12

178956

11969.1

(5%)

Aug. 13 – Aug. 19

172775

12020.6

+0.4%

Aug. 20 – Aug. 26

166097

11367.7

(5%)

Aug. 27 – Sept. 2

195602

13836.3

+22%

Sept. 3 – Sept. 9

180155

11326.9

(18%)

Sept. 10 – Sept. 16

181876

11186.1

(1%)

Sept. 17 – Sept. 23

173910

10869.2

(3%)

Sept. 24 – Sept. 30

191142

13624.6

+25%

Oct. 1 – Oct. 7

189423

12145.5

(11%)

Oct. 8 – Oct. 14

183772

11146.7

(8%)

Oct. 15 – Oct. 21

169962

10056.6

(10%)

Oct. 22 – Oct. 28

186331

12301.9

+22%

Oct. 29 – Nov. 4

193290

12779.8

+4%

Nov. 5 – Nov. 11

185865

11500.1

(10%)

Nov. 12 – Nov. 18

180221

11271.4

(2%)

Nov. 19 – Nov. 25

171930

11247.8

(0.2%)

 
 

During the week, the education sector led decliners in terms of transactions value with a 51% decrease, followed by the healthcare sector (7%).

 

On the other hand, the clothes & footwear sector topped gainers with a 16% increase, followed by the hotels sector (14%).

 

For the same period, consumer spending was focused on the restaurants & cafes sector, totaling SAR 1.79 billion. The food & beverage (F&B) sector trailed with total POS transactions worth SAR 1.6 billion.

 

The following table illustrates the remaining details:

 

POS Transactions by Sector (SAR mln)

Sector

Value of Transactions in Week Ended Nov. 18

Value of Transactions in Week Ended Nov. 25

Weekly Change (%)

Education

137.2

67.9

(51%)

Healthcare

681.6

633.1

(7%)

Fuel Stations

776.5

731.6

(6%)

Transport

698.9

658.6

(6%)

Construction

Materials

340.8

327.7

(4%)

Public Utilities

114.3

110.0

(4%)

F&B

1647.9

1596.9

(3%)

Jewelry

191.1

185.7

(3%)

Miscellaneous

Goods & Services

1308.2

1281.5

(2%)

Telecommunications

90.8

90.0

(1%)

Restaurants & Cafes

1756.8

1791.2

+2%

Electronics &

Electrical Appliances

209.5

216.2

+3%

Furniture

273.4

292.9

+7%

Recreation & Culture

272.6

305.9

+12%

Hotels

348.7

398.6

+14%

Clothes & Footwear

735.4

849.6

+16%

Others

1687.9

1710.6

+1%

Total

11271.4

11247.8

(0.2%)

 
 

Geographically, Riyadh led for the same week with approximately SAR 3.86 billion, representing 34.3% of the total. Jeddah came in second with SAR 1.66 billion, as follows:

 

POS Transactions by City (SAR mln)

City

Value of Transactions in Week Ended Nov. 18

Value of Transactions in Week Ended Nov. 25

Weekly Change (%)

Riyadh

3845.8

3860.1

+0.4%

Jeddah

1594.4

1659.6

+4%

Dammam

558.9

549.6

(2%)

Makkah

463.4

473.1

+2%

Madinah

443.4

467.6

+5%

Al Khobar

338.3

346.1

+2%

Buraidah

272.3

270.3

(1%)

Tabuk

206.4

186.9

(9%)

Hail

182.6

179.5

(2%)

Abha

132.1

121.4

(8%)

Other cities

3234.1

3133.6

(3%)

Total

11271.4

11247.8

(0.2%)

 

 

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