AI Summary
POS device
The point-of-sale (POS) transactions reached nearly SAR 8.07 billion in the week ending July 16, from SAR 12.09 billion in the previous week, data issued by the Saudi Central Bank (SAMA) showed.
Data showed that 123 million transactions were processed in the week.
POS transactions represent what consumers spend 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 |
|
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. 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- Mar. 5 |
139521 |
12018.0 |
+28% |
|
Mar. 6-12 |
135386 |
10807.9 |
(10%) |
|
Mar. 13-19 |
128050 |
10735.3 |
(0.6%) |
|
Mar. 20-26 |
128246 |
10667.8 |
(0.6%) |
|
Mar. 27- Apr. 2 |
153351 |
14051.5 |
+32% |
|
Apr. 3-9 |
110387 |
9640.0 |
(31%) |
|
Apr. 10-16 |
114444 |
9990.8 |
+4% |
|
Apr. 17-23 |
112462 |
10424.4 |
+4% |
|
Apr. 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%) |
Most sectors witnessed a decrease in POS during the past week, except for the hotel sector, which rose by 7%.
The education sector reported the lowest POS transactions, down 93%. It was followed by clothing and footwear sector with 61%, and telecommunications sector with 48%.
Consumer spending focused on restaurants and cafes sector in the week, with nearly SAR 1.49 billion, representing nearly 18.5% of total sales, followed by the food and beverages sector with SAR 1.27 billion, or 15.7% of total sales.
The following table gives details of consumer spending in each sector:
|
POS Transactions by Sector (SAR mln) |
|||
|
Segment |
Transaction Value Week Ending July 9 |
Transaction Value Week Ending July 16 |
Weekly Change |
|
Education |
90.4 |
6.7 |
(93%) |
|
Clothes and Footwear |
1336.5 |
520.4 |
(61%) |
|
Telecommunications |
112.5 |
58.7 |
(48%) |
|
Transport |
588.5 |
323.9 |
(45%) |
|
Furniture |
336.3 |
191.5 |
(43%) |
|
Healthcare |
751.0 |
458.6 |
(39%) |
|
Miscellaneous Goods and Services |
1357.4 |
838.6 |
(38%) |
|
Recreation and Culture |
342.8 |
221.4 |
(35%) |
|
Electronics and Electric Appliances |
246.0 |
165.7 |
(33%) |
|
Jewelry |
362.7 |
247.0 |
(32%) |
|
Construction Materials |
308.0 |
213.7 |
(31%) |
|
Public Utilities |
93.2 |
67.2 |
(28%) |
|
Food and Beverages |
1682.3 |
1270.3 |
(25%) |
|
Restaurants and Cafes |
1719.4 |
1491.6 |
(13 %) |
|
Fuel Stations |
688.4 |
613.6 |
(11%) |
|
Hotels |
192.0 |
205.9 |
+7% |
|
Other |
1882.9 |
1172.6 |
(38%) |
|
Total |
12090.5 |
8067.2 |
(33%) |
Riyadh topped the POS transactions by cities in terms of value with nearly SAR 2.13 billion, representing 26% of the total sales. Jeddah came second with SAR 1.26 billion.
|
POS Transactions by City (SAR mln) |
|||
|
City |
Transaction Value Week Ending July 9 |
Transaction Value Week Ending July 16 |
Weekly Change |
|
Riyadh |
3390.9 |
2134.1 |
(37%) |
|
Jeddah |
1776.5 |
1255.0 |
(29%) |
|
Dammam |
638.7 |
376.4 |
(41%) |
|
Makkah |
424.4 |
356.7 |
(16%) |
|
Madinah |
492.3 |
336.2 |
(32%) |
|
Al Khobar |
334.9 |
229.1 |
(32%) |
|
Buraydah |
313.5 |
210.7 |
(33%) |
|
Abha |
217.8 |
169.3 |
(22%) |
|
Hail |
231.8 |
143.0 |
(38%) |
|
Tabuk |
223.0 |
125.0 |
(44%) |
|
Other Cities |
4046.5 |
2731.8 |
(33%) |
|
Total |
12090.5 |
8067.2 |
(33%) |
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