POS devise
The point-of-sale (POS) transactions reached nearly SAR 12.58 billion in the week ended April 8, compared to almost SAR 12.70 billion in the week before, data issued by the Saudi Central Bank (SAMA) showed.
Data showed that about 153.83 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 |
|
April 3- 9 |
110387 |
9640.0 |
(31%) |
|
April 10- 16 |
114444 |
9990.8 |
+4% |
|
April 17- 23 |
112462 |
10424.4 |
+4% |
|
April 24- 30 |
153055 |
15971.6 |
+53% |
|
May 1- 7 |
120147 |
8402.9 |
(47%) |
|
May 8- 14 |
128325 |
9318.6 |
+11% |
|
May 15- 21 |
124158 |
8810.7 |
(5%) |
|
May 22- 28 |
139381 |
10971.0 |
+25% |
|
May 29- June 4 |
144698 |
11168.0 |
+2% |
|
June 5- 11 |
142458 |
10344.7 |
(7%) |
|
June 12- 18 |
135206 |
9928.9 |
(4%) |
|
June 19- 25 |
126682 |
9421.8 |
(5%) |
|
June 26- July 2 |
159518 |
13434.0 |
+43% |
|
July 3 – 9 |
151178 |
12090.5 |
(10%) |
|
July 10 – 16 |
122999 |
8067.2 |
(33%) |
|
July 17 – 23 |
125027 |
8947.0 |
+11% |
|
July 24 – 30 |
147102 |
11422.3 |
+28% |
|
July 31 – Aug. 6 |
145051 |
10803.1 |
(5%) |
|
Aug. 7 - 13 |
143471 |
10302.2 |
(5%) |
|
Aug. 14 - 20 |
138608 |
10191.1 |
(1%) |
|
Aug. 21 - 27 |
142718 |
11586.2 |
+14% |
|
Aug. 28 – Sept. 3 |
162486 |
13502.0 |
+17% |
|
Sept. 4 – 10 |
147651 |
10588.1 |
(22%) |
|
Sept. 11 – 17 |
147526 |
10243.8 |
(3%) |
|
Sept. 18 – 24 |
142432 |
10425.5 |
+1% |
|
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 |
(8%) |
|
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 |
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%) |
Education led retreating sectors in terms of the value of POS transactions, at 22%, followed by the food and beverage (F&B) (14%), then electronics and electric appliances sector (11%).
Meanwhile, jewelry led the rising sectors, increasing by 34% week-on-week (WoW), followed by clothes and footwear (15%).
During the week, consumer spending focused on F&B at nearly SAR 1.83 billion, followed by clothes and footwear at SAR 1.64 billion.
|
POS Transactions by Sector (SAR mln) |
|||
|
Sector |
Value of Transactions in Week Ended April 1 |
Value of Transactions in Week Ended April 8 |
Weekly Change |
|
Education |
152.6 |
119.3 |
(22%) |
|
F&B |
2113.1 |
1826.9 |
(14%) |
|
Electronics & Electric Appliances |
256.4 |
227.7 |
(11%) |
|
Public Utilities |
117.2 |
106.5 |
(9%) |
|
Telecommunications |
126.4 |
116.5 |
(8%) |
|
Transport |
764.4 |
712.4 |
(7%) |
|
Fuel Stations |
730.3 |
697.5 |
(4%) |
|
Construction Materials |
317.1 |
307.3 |
(3%) |
|
Healthcare |
844.3 |
823.0 |
(3%) |
|
Miscellaneous Goods & Services |
1317.5 |
1287.4 |
(2%) |
|
Recreation & Culture |
295.4 |
292.7 |
(1%) |
|
Furniture |
348.3 |
349.4 |
+0.3% |
|
Hotels |
322.0 |
340.5 |
+6% |
|
Restaurants & Cafes |
1236.7 |
1338.0 |
+8% |
|
Clothes & Footwear |
1422.0 |
1640.4 |
+15% |
|
Jewelry |
252.0 |
337.7 |
+34% |
|
Other |
2088.6 |
2057.6 |
(1%) |
|
Total |
12704.2 |
12580.8 |
(1%) |
Among the Kingdom’s cities, Riyadh topped the POS transactions in terms of value with almost SAR 3.96 billion, or 31% of total sales. Jeddah came second with SAR 1.87 billion, as indicated below:
|
POS Transactions by City (SAR mln) |
|||
|
City |
Value of Transactions in Week Ended April 1 |
Value of Transactions in Week Ended April 8 |
Weekly Change |
|
Riyadh |
3985.3 |
3962.6 |
(1%) |
|
Jeddah |
1797.1 |
1872.7 |
+4% |
|
Makkah |
727.6 |
738.1 |
+1% |
|
Dammam |
645.6 |
642.1 |
(1%) |
|
Madinah |
511.1 |
523.0 |
+2% |
|
Al Khobar |
343.2 |
339.8 |
(1%) |
|
Buraidah |
296.9 |
291.8 |
(2%) |
|
Tabuk |
247.6 |
230.7 |
(7%) |
|
Hail |
211.0 |
203.7 |
(3%) |
|
Abha |
153.7 |
148.2 |
(4%) |
|
Other cities |
3785.2 |
3628.0 |
(4%) |
|
Total |
12704.2 |
12580.8 |
(1%) |
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