POS weekly transactions hit SAR 10.8 bln: SAMA

16/03/2022 Argaam Special

POS device


The point-of-sale (POS) transactions reached SAR 10.81 billion in the week ended March 12, from SAR 12.02 billion in the previous week, data issued by the Saudi Central Bank (SAMA) showed.  

   

Data showed that 135.4 million transactions were processed in the week.  

  

POS transactions represent what is spent by consumers using ATM cards and credit cards in shopping malls, retail stores, pharmacies, etc.  

   

The following table shows the weekly development of POS transactions: 

 

Weekly POS Transactions  

Week  

Number of Transactions (’000)  

Value of Transactions
(SAR mln)  

Change in Value  

March 7- 13, 2020

87814

8548.6

(13%)

March 14- 20  

86005

8458.2

(1%)

March 21- 27  

86553

8820.9

+4%

March 28- April 3  

101622

11375.0

+29%

April 4- 10  

96104

10043.1

(12%)

April 11- 17  

81624

8196.8

(18%)

April 18- 24  

72190

7315.1

(11%)

April 25- May 1  

91781

10731.1

+47%

May 2- 8  

94300

10877.5

+1%

May 9- 15  

90900

8621.7

(21%)

May 16- 22  

82211

7054.1

(18%)

May 23- 29  

96535

9168.3

+30%

May 30- June 5  

102397

9499.1

+4%

June 6- 12  

100417

8876.8

(7%)

June 13- 19  

94783

8289.6

(7%)

June 20- 26  

94112

8357.9

+1%

June 27- July 3  

111340

10749.8

+29%

July 4 – 10  

104460

9352.1

(13%)

July 11 – 17  

106481

9528.0

+2%

July 18 – 24  

84706

6123.8

(36%)

July 25 – 31  

106791

9713.3

+59%

Aug. 1- 7  

105714

9020.7

(7%)

Aug. 8-14  

104697

8714.5

(3%)

Aug. 15-21  

96937

8002.2

(8%)

Aug. 22-28  

110497

10539.9

+32%

Aug. 29- Sept. 4  

112375

10196.7

(3%)

Sept. 5-11  

110220

9021.1

(12%)

Sept. 12-18  

104519

8373.1

(7%)

Sept. 19-25  

103627

8852.0

+6%

Sept. 26- Oct. 2  

119137

11027.4

+25%

Oct. 3-9 

113012

9157.7

(17%)

Oct. 10-16 

111255

8679.0

(5%)

Oct. 17-23 

102766

8021.9

(8%)

Oct. 24-30 

118497

10345.0

+29%

Oct. 31- Nov. 6 

118141

10003.1

(3%)

Nov. 7-13 

115481

9173.8

(8%)

Nov. 14-20 

107843

8459.4

(8%)

Nov. 21-27

112231

9418.4

+11%

Nov. 28- Dec. 4

129984

12059.1

+28%

Dec. 5-11

120149

10010.9

(17%)

Dec. 12-18

113088

9048.2

(10%)

Dec. 19- 25

107557

8646.2

(4%)

Dec. 26- Jan. 1, 2022

132018

11839.9

+37%

Jan. 2- Jan. 8

122898

10226.8

(14%)

Jan. 9-15

120676

9505.0

(7%)

Jan. 16-22

111506

8774.0

(8%)

Jan. 23-29

125208

10448.9

+19%

Jan. 30- Feb. 5

129020

10548.4

+1%

Feb. 6-12

122877

9326.1

(12%)

Feb. 13-19

118885

8819.1

(5%)

Feb. 20-26

120587

9407.8

+7%

Feb. 27-March 5

139521

12018.0

+28%

March 6-12

135386

10807.9

(10%)

 

 

All sectors witnessed a decline in POS transactions during the week, except for hotels and clothing & footwear sectors, which rose by 18% and 0.4%, respectively. 

 

The food and beverage sector fell the most at 21%, followed by telecommunications and health with a drop of 20% and 17%, respectively. 

 

Consumer spending focused on the food and beverage sector in the week, with nearly SAR 1.6 billion, representing 15% of total sales, followed by the restaurants and cafes sector with SAR 1.5 billion.  

 

The following table gives details of consumer spending in each sector:

 

POS Transactions by Sector (SAR mln)

Sector

Transaction Value Week Ended March 5

Transaction Value Week Ended March 12

Weekly Change

Food & Beverages

1,995.5

1,572.8

(21%)

Telecommunications

118.9

95.3

(20%)

Health

872.4

719.9

(17%)

Miscellaneous Goods and Services

1,281.9

1,112.8

(13%)

Furniture

408.8

360.9

(12%)

Recreation and Culture

338.4

298.0

(12%)

Education

157.3

141.2

(10%)

Transportation

625.7

561.2

(10%)

Jewelry

216.0

201.5

(7%)

Public Utilities

86.0

80.5

(6%)

Electronic & Electric Appliances

305.4

288.2

(6%)

Restaurants and Cafes

1,602.7

1,545.9

(4%)

Gas Stations

722.7

703.9

(3%)

Construction and Building Materials

431.1

429.7

(0.3%)

Clothing and Footwear

850.9

854.1

+0.4%

Hotels

217.7

256.5

+0.18%

Other

17,86.7

1,585.6

(11%)

Total

12,018.0

10,807.9

(10%)

 

 

Riyadh topped the POS transactions by cities in terms of value, with nearly SAR 3.4 billion, representing 32% of the total sales. Jeddah came second with SAR 1.71 billion.

 

POS Transactions by City (SAR mln)

City

Transaction Value Week Ending March 5

Transaction Value Week Ending March 12

Weekly Change

Riyadh

3,668.0

3,407.6

(7%)

Jeddah

1,826.2

1,713.8

(6%)

Dammam

646.9

595.4

(8%)

Madinah

453.6

404.4

(11%)

Makkah

439.1

392.4

(11%)

Al Khobar

368.2

344.9

(6%)

Buraydah

290.9

268.9

(8%)

Tabuk

244.8

195.6

(20%)

Hail

206.3

176.7

(14%)

Abha

162.9

142.3

(13%)

Other Cities

3,711.0

3,165.9

(15%)

Total

12,018.0

10,807.9

(10%)

  

 

 

Details and historical data of consumer spending 

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