POS device
The point-of-sale (POS) transactions reached SAR 8.4 billion in the week ended May 7, from SAR 15.97 billion in the previous week, data issued by the Saudi Central Bank (SAMA) showed.
This is the lowest weekly POS transactions since the week ended Oct. 23, 2021.
Data showed that 120.15 million transactions were processed in the week.
POS transactions represent what is spent by consumers using ATM 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 |
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%) |
|
104697 |
8714.5 |
(3%) |
|
|
96937 |
8002.2 |
(8%) |
|
|
110497 |
10539.9 |
+32% |
|
|
112375 |
10196.7 |
(3%) |
|
|
110220 |
9021.1 |
(12%) |
|
|
104519 |
8373.1 |
(7%) |
|
|
103627 |
8852.0 |
+6% |
|
|
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%) |
|
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%) |
All sectors witnessed a decline in POS transactions during the week, except for restaurants & cafes sector, which rose by 10%.
Education sector saw the steepest decline by 81%, followed by clothing & footwear and furniture sectors by 77% and 70%, respectively.
Consumer spending focused on the food & beverage sector in the week, with nearly SAR 1.83 billion, representing 22% of total sales, followed by the restaurants & cafes sector with SAR 1.34 billion accounting for 16% of total sales.
The following table gives details of consumer spending in each sector:
|
POS Transactions by Sector (SAR mln) |
|||
|
Sector |
Transaction Value Week Ended April 30 |
Transaction Value Week Ended May 7 |
Weekly Change |
|
Education |
24.6 |
4.8 |
(81%) |
|
Clothing & Footwear |
2817.4 |
650.9 |
(77%) |
|
Furniture |
490.8 |
146.6 |
(70%) |
|
Transportation |
689.4 |
236.8 |
(66%) |
|
Jewelry |
759.3 |
258.2 |
(66%) |
|
Telecommunications |
164.6 |
61.4 |
(63%) |
|
Construction & Building Materials |
299.9 |
123.3 |
(59%) |
|
Electronic & Electric Appliances |
281.2 |
117.1 |
(58%) |
|
Miscellaneous Goods & Services |
1758.5 |
781.5 |
(56%) |
|
Health |
945.1 |
439.4 |
(54%) |
|
Recreation and Culture |
447.4 |
265.7 |
(41%) |
|
Public Utilities |
90.5 |
55.4 |
(39%) |
|
Food & Beverages |
1978.6 |
1342.9 |
(32%) |
|
Hotels |
339.5 |
298.6 |
(12%) |
|
Gas Stations |
724.3 |
662.3 |
(9%) |
|
Restaurants & Cafes |
1,660.7 |
1,825.4 |
+10% |
|
Other |
2,500.0 |
1,132.8 |
(55%) |
|
Total |
15,971.6 |
8,402.9 |
(47%) |
Riyadh topped the POS transactions by cities in terms of value, with nearly SAR 2.22 billion, representing 26% of the total sales. Jeddah came second with SAR 1.34 billion.
|
POS Transactions by City (SAR mln) |
|||
|
City |
Transaction Value Week Ending April 30 |
Transaction Value Week Ending May 7 |
Weekly Change |
|
Riyadh |
4288.7 |
2215.3 |
(48%) |
|
Jeddah |
2655.0 |
1336.0 |
(50%) |
|
Dammam |
781.2 |
401.3 |
(49%) |
|
Madinah |
743.9 |
391.9 |
(47%) |
|
Makkah |
926.7 |
386.7 |
(58%) |
|
Al Khobar |
420.9 |
282.0 |
(33%) |
|
Buraydah |
382.0 |
201.4 |
(47%) |
|
Hail |
291.0 |
145.7 |
(50%) |
|
Tabuk |
293.0 |
140.4 |
(52%) |
|
Abha |
207.5 |
125.8 |
(39%) |
|
Other Cities |
4981.8 |
2776.3 |
(44%) |
|
Total |
15971.6 |
8402.9 |
(47%) |
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