POS weekly transactions hit SAR 11 bln: SAMA

01/06/2022 Argaam Special

POS device


The point-of-sale (POS) transactions reached SAR 10.97 billion in the week ended May 28, from SAR 8.81 billion in the previous week, data issued by the Saudi Central Bank (SAMA) showed.

 

Data showed that 139.38 million transactions were processed last week.  

 

POS transactions represent consumer spending through ATMs and credit cards in shopping malls, retail stores, pharmacies, etc.

 

The following table shows the weekly POS transactions:

 

Weekly POS Transactions  

Week  

Number of Transactions (’000)  

Value of Transactions
(SAR mln)  

Change in Value  

May 23- 29, 2021

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. 30- 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%)

March 13-19

128050

10735.3

(0.6%)

March 20-26

128246

10667.8

(0.6%)

March 27- April 2

153351

14051.5

+32%

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%

 

 

All sectors witnessed an increase in POS transactions during the week, except for education, which dropped by 10%.

 

Electronic and electric appliances was the top performer, rising by 69%. It was followed by clothing & footwear (38%).

 

Consumer spending focused on the food & beverages sector in the week, with nearly SAR 1.74 billion, representing 16% of total sales, followed by the restaurants & cafes sector with SAR 1.63 billion.  

 

The below table highlights consumer spending by sector:

 

POS Transactions by Sector (SAR mln)

Sector

Transaction Value Week Ended May 21

Transaction Value Week Ended May 28

Weekly Change

Electronic & Electric Appliances

214.1

360.7

69 %

Clothing & Footwear

465.6

642.2

38 %

Hotels

183.3

248.9

36 %

Food & Beverages

1305.9

1735.5

33 %

Telecommunications

71.6

92.7

30 %

Restaurants & Cafes

1323.5

1628.4

23 %

Miscellaneous Goods & Services

944.9

1159.0

23 %

Recreation & Culture

207.2

253.8

23 %

Furniture

244.3

290.7

19 %

Health

670.1

796.6

19 %

Gas Stations

610.1

709.3

16 %

Public Utilities

76.9

88.6

15 %

Transportation

558.8

641.3

15 %

Construction & Building Materials

355.0

380.2

7 %

Jewelry

209.8

220.2

5 %

Education

106.0

96.0

(10%)

Other

1263.6

1626.9

29 %

Total

8810.7

10971.0

25 %

 
 

Riyadh topped the POS transactions in terms of value, with nearly SAR 3.36 billion, representing 31% of the total sales. Jeddah came second with SAR 1.68 billion.

 

POS Transactions by City (SAR mln)

City

Transaction Value Week Ended May 21

Transaction Value Week Ended May 28

Weekly Change

Riyadh

2811.6

3356.6

19 %

Jeddah

1404.9

1682.1

20 %

Dammam

497.5

589.9

19 %

Madinah

314.7

407.3

29 %

Makkah

299.4

387.1

29 %

Al Khobar

290.4

347.3

20 %

Buraydah

221.2

272.1

23 %

Tabuk

156.2

218.3

40 %

Hail

140.6

190.4

35 %

Abha

125.1

175.3

40 %

Other Cities

2549.0

3344.6

31 %

Total

8810.7

10971.0

25 %

 
 

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read