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POS weekly transactions hit SAR 10.3 bln: SAMA
AI Summary
Content Summary: 
POS device
The point-of-sale (POS) transactions reached nearly SAR 10.27 billion in the week ended Oct. 15, data issued by the Saudi Central Bank (SAMA) showed.
Data showed that about 151.3 million transactions were processed during 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 in POS transactions:
|
Weekly POS Transactions |
|||
|
Week |
Number of Transactions (’000) |
Value of Transactions |
Weekly Change |
|
Jan. 2-8, 2022 |
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%) |
|
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% |
|
Oct. 2-8 |
154383 |
10819.8 |
(16%) |
|
Oct. 9-15 |
151340 |
10265.2 |
(5%) |
Most sectors saw a decline last week, led by the education sector with a 33% week-on-week (WoW) drop. It was followed by the electronics and electric appliances sector with a 10% decrease.
During the week, consumer spending focused on the food and beverages sector and the restaurants and cafes sector at SAR 1.54 billion, each.
The following table details consumer spending in each sector:
|
POS Transactions by Sector (SAR mln) |
|||
|
Sector |
Value of Transactions in Week Ended Oct. 8 |
Value of Transactions in Week Ended Oct. 15 |
Weekly Change |
|
Education |
136.47 |
91.71 |
(33%) |
|
Electronics and Electric Appliances |
242.85 |
219.69 |
(10%) |
|
Miscellaneous Goods and Services |
1,256.75 |
1,141.37 |
(9%) |
|
Recreation and Culture |
286.21 |
259.94 |
(9%) |
|
Food and Beverages |
1,682.23 |
1,538.95 |
(9%) |
|
Healthcare |
784.33 |
735.37 |
(6%) |
|
Furniture |
288.51 |
271.17 |
(6%) |
|
Public Utilities |
91.78 |
86.27 |
(6%) |
|
Clothes and Footwear |
649.75 |
614.32 |
(5%) |
|
Construction Materials |
373.28 |
355.34 |
(5%) |
|
Transport |
610.67 |
591.09 |
(3%) |
|
Restaurants and Cafes |
1,544.59 |
1,544.91 |
+0.02% |
|
Fuel Stations |
712.66 |
721.46 |
+1% |
|
Telecommunications |
100.37 |
101.35 |
+1% |
|
Jewelry |
219.79 |
223.42 |
+2% |
|
Hotels |
211.60 |
251.19 |
+19% |
|
Other |
1,628.02 |
1,517.65 |
(7%) |
|
Total |
10,819.84 |
10,265.18 |
(5%) |
Riyadh topped the POS transactions in value with almost SAR 3.22 billion, representing 32% of total sales. Jeddah came second with SAR 1.56 billion, as indicated below:
|
POS Transactions by City (SAR mln) |
|||
|
City |
Value of Transactions in Week Ended Oct. 8 |
Value of Transactions in Week Ended Oct. 15 |
Weekly Change |
|
Riyadh |
3,432.41 |
3,221.74 |
(6%) |
|
Jeddah |
1,632.30 |
1,561.68 |
(4%) |
|
Dammam |
588.10 |
557.94 |
(5%) |
|
Madinah |
408.94 |
398.53 |
(3%) |
|
Makkah |
403.77 |
394.73 |
(2%) |
|
Al Khobar |
329.38 |
326.18 |
(1%) |
|
Buraydah |
260.29 |
246.60 |
(5%) |
|
Tabuk |
203.21 |
190.65 |
(6%) |
|
Hail |
178.95 |
170.68 |
(5%) |
|
Abha |
148.14 |
138.83 |
(6%) |
|
Other Cities |
3,234.36 |
3,057.62 |
(5%) |
|
Total |
10,819.84 |
10,265.18 |
(5%) |
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