POS weekly transactions slip to SAR 12.1B: SAMA

13/12/2023 Argaam Special

POS device


Point-of-sale (POS) transactions in Saudi Arabia totaled approximately SAR 12.07 billion in the week ended Dec. 9, compared to about SAR 14.87 billion in the previous week.

 

Data issued by the Saudi Central Bank (SAMA) showed that total POS transactions amounted to around 187.77 million during 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.27–Dec.03

171,207

13,681.5

+37%

Dec.04–Dec.10

153,088

11,050.4

(19%)

Dec.11–Dec.17

155,366

10,739.3

(3%)

Dec.18–Dec.24

142,409

9,742.2

(9.3%)

Dec.25–Dec.31

168,373

13,456.6

+38%

Jan. 1 – Jan. 7, 2023

157,175

11,173.8

(17%)

Jan. 8 – Jan. 14

155,827

10,673.8

(4%)

Jan. 15 - Jan. 21

144,764

9,713.0

(9%)

Jan. 22 – Jan. 28

141,095

10,105.4

+4%

Jan. 29 – Feb. 4

167,916

12,020.5

+19%

Feb. 5 – Feb. 11

160,761

10,912.3

(9%)

Feb. 12 – Feb. 18

152,195

10,347.3

(5%)

Feb. 19 – Feb. 25

147,813

10,399.4

+1%

Feb. 26 – March 4

182,044

14,574.1

+40%

March 5 - March 11

174,654

13,209.3

(9%)

March 12 - March 18

163,255

11,999.2

(9%)

March 19 - March 25

146,312

11,040.4

(8%)

March 26 - April 1

150,207

12,704.2

+15%

April 2 - April 8

153,826

12,580.8

(1%)

April 9 - April 15

156,734

13,039.3

+4%

April 16 - April 22

153,692

12,004.0

(8%)

April 23 - April 29

155,411

10,377.6

(14%)

April 30 - May 6

172,577

11,592.9

+12%

May 7 - May 13

171,464

10,890.2

(6%)

May 14 - May 20

160,857

10,092.0

(7%)

May 21 - May 27

163,445

10,705.0

+6%

May 28 - June 3

188,590

13,815.2

+29%

June 4 - June 10

173,918

11,686.9

(15%)

June 11 - June 17

175,694

11,651.8

(0.3%)

June 18 - June 24

171,662

12,295.7

+6%

June 25 - July 1

177,776

12,123.1

(1%)

July 2 - July 8

166,489

11,189.6

(8%)

July 9 - July 15

171,246

10,919.2

(2%)

July 16 - July 22

159,618

10,120.9

(7%)

July 23 - July 29

173,387

11,917.3

+18%

July 30 – Aug. 5

183,645

12,664.7

+6%

Aug. 6 – Aug. 12

178,956

11,969.1

(5%)

Aug. 13 – Aug. 19

172,775

12,020.6

+0.4%

Aug. 20 – Aug. 26

166,097

11,367.7

(5%)

Aug. 27 – Sept. 2

195,602

13,836.3

+22%

Sept. 3 – Sept. 9

180,155

11,326.9

(18%)

Sept. 10 – Sept. 16

181,876

11,186.1

(1%)

Sept. 17 – Sept. 23

173,910

10,869.2

(3%)

Sept. 24 – Sept. 30

191,142

13,624.6

+25%

Oct. 1 – Oct. 7

189,423

12,145.5

(11%)

Oct. 8 – Oct. 14

183,772

11,146.7

(8%)

Oct. 15 – Oct. 21

169,962

10,056.6

(10%)

Oct. 22 – Oct. 28

186,331

12,301.9

+22%

Oct. 29 – Nov. 4

193,290

12,779.8

+4%

Nov. 5 – Nov. 11

185,865

11,500.1

(10%)

Nov. 12 – Nov. 18

180,221

11,271.4

(2%)

Nov. 19 – Nov. 25

171,930

11,247.8

(0.2%)

Nov. 26- Dec. 2

204,688

14,874.1

+32%

Dec. 3- Dec.9

187,765

12,067.1

(19%)

 

All sectors saw a decrease in terms of transactions value last week, with education leading with a 39% drop, followed by clothing & footwear (27%) and telecommunications (25%).

 

For the same period, consumer spending was focused on food & beverages (F&B), totaling SAR 1.84 billion. The restaurants & cafes sector trailed with total POS transactions worth SAR 1.77 billion, as shown below:

 

POS Transactions by Sector (SAR mln)

Sector

Value of Transactions in Week Ended Dec. 2

Value of Transactions in Week Ended Dec. 9

Weekly Change (%)

Education

361.7

222.1

(39%)

Clothing & Footwear

1104.9

806.4

(27%)

Telecommunications

140.6

104.8

(25%)

F&B

2459.8

1839.9

(25%)

Recreation & Culture

426.6

325.6

(24%)

Transport

849.2

688.5

(19%)

Furniture

378.7

314.7

(17%)

Miscellaneous

Goods & Services

1718.9

1436.9

(16%)

Healthcare

900.8

763.0

(15%)

Electronic &

Electrical Appliances

274.0

236.7

(14%)

Public Utilities

141.6

122.8

13%))

Fuel Stations

873.2

763.9

(13%)

Restaurants & Cafes

1986.9

1772.5

(11%)

Hotels

322.1

291.3

(10%)

Construction Materials

393.1

356.6

(9%)

Jewelry

200.1

184.8

(8%)

Others

2341.9

1836.6

(22%)

Total

14874.1

12067.1

19%))

 
 

Geographically, Riyadh led for the same week with approximately SAR 4.18 billion POS transactions, representing 35% of the total. Jeddah came in second with SAR 1.69 billion, as follows:

 

POS Transactions by City (SAR mln)

City

Value of Transactions in Week Ended

Dec. 2

Value of Transactions in Week Ended

Dec. 9

Weekly Change (%)

Riyadh

4922.5

4175.8

(15%)

Jeddah

1956.9

1686.7

(14%)

Dammam

730.7

625.1

(14%)

Makkah

574.5

476.0

(17%)

Madinah

571.5

459.1

(20%)

Al Khobar

413.3

360.2

(13%)

Buraidah

357.7

286.3

(20%)

Tabuk

314.1

226.8

(28%)

Hail

273.8

190.6

(30%)

Abha

180.4

142.1

(21%)

Other cities

4578.8

3438.4

(25%)

Total

14874.1

12067.1

(19%)

 

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