POS weekly transactions slip to SAR 11.6B: SAMA

20/12/2023 Argaam Special

POS weekly transactions slip to SAR 11.6B: SAMA

POS device


Point-of-sale (POS) transactions in Saudi Arabia totaled approximately SAR 11.64 billion in the week ended Dec. 16, compared to about SAR 12.07 billion in the previous week.

 

Data issued by the Saudi Central Bank (SAMA) showed that total POS transactions amounted to around 186.66 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 (%)

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%)

Dec. 10-Dec. 16

186,657

11,637.5

(4%)

 

All sectors saw a decrease in terms of transaction value last week, except for the restaurants and cafes, fuel stations, and hotels sectors, which saw increases of 0.4%, 1%, and 10% respectively.

 

The education sector led the decrease with a 38% drop, followed by the electronics and recreation and culture sectors at 12% and telecommunications at 10%.

 

For the same period, consumer spending focused on the restaurants and cafes sector, totaling SAR 1.78 billion, with the food and beverages sector following at SAR 1.77 billion, as shown below:

 

POS Transactions by Sector (SAR mln)

Sector

Value of Transactions in Week Ended Dec. 9

Value of Transactions in Week Ended Dec. 16

Weekly Change (%)

Education

222.1

136.7

(38%)

Recreation & Culture

325.6

286.1

(12%)

Electronics & Electrical Appliances

236.7

208.3

(12%)

Telecommunications

104.8

94.5

(10%)

Furniture

314.7

295.5

(6%)

Miscellaneous

Goods & Services

1,436.9

1,363.9

(5%)

F&B

1,839.9

1,769.4

(4%)

Clothes & Footwear

806.4

775.9

(4%)

Healthcare

763.0

740.1

(3%)

Public Utilities

122.8

119.8

(2%)

Construction Materials

356.6

352.2

(1%)

Jewelry

184.8

183.2

(1%)

Transport

688.5

684.0

(1%)

Restaurants & Cafes

1,772.5

1,779.8

+0.4%

Fuel Stations

763.9

770.7

+1%

Hotels

291.3

321.1

+10%

Others

1,836.6

1,756.3

(4%)

Total

12,067.1

11,637.5

(4%)

 
 

Geographically, Riyadh led for the same week with approximately SAR 3.98 billion in POS transactions, representing 34% of the total. Jeddah came in second with SAR 1.62 billion, as follows:

 

POS Transactions by City (SAR mln)

City

Value of Transactions in Week Ended

Dec. 9

Value of Transactions in Week Ended

Dec. 16

Weekly Change (%)

Riyadh

4,175.8

3,983.4

(5%)

Jeddah

1,686.7

1,619.3

(4%)

Dammam

625.1

581.7

(7%)

Makkah

476.0

487.3

+2%

Madinah

459.1

461.6

+1%

Al Khobar

360.2

345.7

(4%)

Buraidah

286.3

275.4

(4%)

Tabuk

226.8

219.9

(3%)

Hail

190.6

182.7

(4%)

Abha

142.1

136.9

(4%)

Other cities

3,438.4

3,343.6

(3%)

Total

12,067.1

11,637.5

(4%)

 

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