POS weekly transactions reach SAR 11.6 bln: SAMA

10/05/2023 Argaam Special

POS weekly transactions reach SAR 11.6 bln: SAMA

POS device


The point-of-sale (POS) transactions reached nearly SAR 11.59 billion in the week ended May 6, compared to almost SAR 10.38 billion in the week before, data issued by the Saudi Central Bank (SAMA) showed.

 

Data showed that about 172.58 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%)

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%

 

 

Restaurants and cafes as well as hotels were the sole decliners, shedding 9% and 16%, respectively.  

 

Education led gainers in terms of the value of POS transactions, with 258%, followed by construction materials (51%) and transport (46%).  

  

During the week, consumer spending was focused on F&B with nearly SAR 1.88 billion, followed by restaurants and cafes (SAR 1.76 billion). 

 

POS Transactions by Sector (SAR mln)

Sector

Value of Transactions in Week Ended April 29

Value of Transactions in Week Ended May 6

Weekly Change

Education

59.8

214.3

+258%

Construction Materials

218.8

330.2

+51%

Transport

478.3

698.8

+46%

Healthcare

613.2

814.1

+33%

Furniture

200.2

261.8

+31%

Electronics & Electric Appliances

176.9

224.1

+27%

Miscellaneous Goods & Services

1021.4

1255.4

+23%

Telecommunications

83.3

98.4

+18%

Public Utilities

91.0

105.3

+16%

Jewelry

193.7

209.7

+8%

Clothes & Footwear

584.9

633.3

+8%

F&B

1804.9

1876.7

+4%

Fuel Stations

749.3

752.7

+0.5%

Recreation & Culture

270.6

271.6

+0.4%

Restaurants & Cafes

1934.6

1763.7

(9 %)

Hotels

280.7

235.6

(16 %)

Other

1616.1

1847.1

+14%

Total

10377.6

11592.9

+12%

 

 

By city, Riyadh topped in terms of POS transaction value with almost SAR 3.73 billion, or 32% of total sales. Jeddah came second with SAR 1.67 billionas indicated below: 

 

POS Transactions by City (SAR mln)

City

Value of Transactions in Week Ended April 29

Value of Transactions in Week Ended May 6

Weekly Change

Riyadh

3058.7

3727.9

+22%

Jeddah

1471.0

1667.8

+13%

Dammam

491.7

607.3

+24%

Madinah

440.0

439.2

(0.2%)

Makkah

413.2

427.7

+4%

Al Khobar

306.9

352.6

+15%

Buraidah

252.4

279.5

+11%

Tabuk

193.4

221.9

+15%

Hail

191.7

196.9

+3%

Abha

150.4

158.9

+6%

Other cities

3408.2

3513.2

+3%

Total

10377.6

11592.9

+12%

 

 

 

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