POS weekly transactions down to SAR 9.7 bln: SAMA

25/01/2023 Argaam Special

POS weekly transactions down to SAR 9.7 bln: SAMA

POS device


The point-of-sale (POS) transactions reached nearly SAR 9.7 billion in the week ended Jan. 21, compared to SAR 10.7 billion in the week before, data issued by the Saudi Central Bank (SAMA) showed.

 

Data showed that about 144.7 million transactions were processed during the week.

 

POS transactions represent what consumers spend using ATMs 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
(SAR mln)

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%)

Oct. 16-22

138928

9513.2

(7%)

Oct. 23-29

156360

11687.2

+23%

Oct. 30-Nov. 5

160288

11750.0

+1%

Nov. 6-Nov. 12

154213

10601.1

(10%)

Nov. 13-Nov. 19

145626

9799.2

(8%)

Nov. 20-Nov. 26

142629

10022.1

+2%

Nov. 27- Dec. 3

171207

13681.5

+37%

Dec. 4-10

153088

11050.4

(19%)

Dec. 11-17

155366

10739.3

(3%)

Dec. 18-24

142409

9742.2

(9.3%)

Dec. 25-31

168373

13456.6

+38%

Jan. 1-7

157175

11173.8

(17%)

Jan. 8-14

155827

10673.8

(4%)

Jan. 15-21

144764

9713.0

(9%)

 
 

Most sectors were in the red in terms of sales, except for construction materials, and, food and beverages, which rose by 2% each.

 

Education saw the steepest fall of 23%, followed by clothes and footwear (22%). Miscellaneous goods and services, and, fuel stations declined 10% each.

 

During the week, consumer spending focused on the restaurants and cafes sector, reaching nearly SAR 1.52 billion, followed by the food and beverages sector with SAR 1.45 billion.

 

The following table details consumer spending in each sector:

 

POS Transactions by Sector (SAR mln)

Sector

Value of

Transactions in

Week Ended Jan. 14

Value of

Transactions in

Week Ended Jan. 21

Weekly Change

Education

159.4

123.1

(23%)

Clothes and Footwear

759.2

590.5

(22%)

Fuel Stations

744.7

673.4

(10%)

Miscellaneous Goods and Services

1179.4

1060.4

(10%)

Public Utilities

86.9

79.2

(9%)

Jewelry

166.9

151.8

(9%)

Restaurants and Cafes

1644.3

1516.5

(8%)

Food and Beverages

1567.1

1449.4

(8%)

Furniture

275.8

252.6

(8%)

Hotels

293.5

271.8

(7%)

Electronics and Electric Appliances

210.0

194.9

(7%)

Health

703.2

652.3

(7%)

Transport

582.9

551.6

(5%)

Recreation and Culture

252.3

244.5

(3%)

Construction Materials

329.8

336.1

+2%

Telecommunications

89.2

90.5

+2%

Others

1629.1

1474.1

(10%)

Total

10673.8

9713.0

(9%)

 
 

Riyadh topped the POS transactions in terms of value with almost SAR 3.27 billion, or 34% of total sales. Jeddah came second with SAR 1.46 billion, as indicated below:

 

POS Transactions by City (SAR mln)

City

Value of

Transactions in

Week Ended Jan. 14

Value of

Transactions in

Week Ended Jan. 21

Weekly Change

Riyadh

3526.3

3271.8

(7%)

Jeddah

1564.6

1457.4

(7%)

Dammam

563.6

517.0

(8%)

Makkah

436.1

395.0

(9%)

Madinah

424.4

374.3

(12%)

Al Khobar

321.9

301.1

(6%)

Buraydah

253.3

233.0

(8%)

Tabuk

189.1

162.2

(14%)

Hail

170.0

147.4

(13%)

Abha

128.2

116.5

(9%)

Other Cities

3096.3

2737.1

(12%)

Total

10673.8

9713.0

(9%)

 

 

Details and Historical Data of Consumer Spending

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