POS weekly transactions hit SAR 10.9 bln: SAMA

17/05/2023 Argaam Special

POS devise


The point-of-sale (POS) transactions reached nearly SAR 10.89 billion in the week ended May 13, compared to almost SAR 11.59 billion in the week before, data issued by the Saudi Central Bank (SAMA) showed.

Data showed that about 171.46 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

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

(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%

Sept. 2 – Oct. 8

154383

10819.8

(16%)

Sept. 9 – Oct. 15

151340

10265.2

(5%)

Sept. 16 – Oct. 22

138928

9513.2

(7%)

Sept. 23 – Oct. 29

156360

11687.2

+23%

Oct. 30 – Nov. 05

160288

11750.0

+1%

Nov. 06 – 12

154213

10601.1

(10%)

Nov. 13 – 19

145626

9799.2

(8%)

Nov. 20 – 26

142629

10022.1

+2%

Nov. 27 – Dec. 03

171207

13681.5

+37%

Dec. 04 – 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%)

Jan. 22- 28

141095

10105.4

+4%

Jan. 29- Feb. 4

167916

12020.5

+19%

Feb. 5- 11

160761

10912.3

(9%)

Feb. 12- 18

152195

10347.3

(5%)

Feb. 19- 25

147813

10399.4

+1%

Feb. 26 - March 4

182044

14574.1

+40%

March 5- 11

174654

13209.3

(9%)

March 12- 18

163255

11999.2

(9%)

March 19- 25

146312

11040.4

(8%)

March 26- April 1

150207

12704.2

+15%

April 2-8

153826

12580.8

(1%)

April 9-15

156734

13039.3

+4%

April 16-22

153692

12004.0

(8%)

April 23-29

155411

10377.6

(14%)

April 30-May 6

172577

11592.9

+12%

May 7 - 13

171464

10890.2

(6%)

Most sectors witnessed a decline in terms of sales value during the past week, except for the hotel sector, which rose by 2%.

The education sector was the top decliner, falling 27%, followed by telecommunications (12%).

During the week, consumer spending was focused on food and beverages (F&B) with nearly SAR 1.70 billion, followed by restaurants and cafes (SAR 1.72 billion). 

POS Transactions by Sector (SAR mln)

Sector

Value of Transactions in Week Ended May 6

Value of Transactions in Week Ended May 13

Weekly Change

Education

214.3

155.9

(27%)

Telecommunications

98.4

86.2

(12%)

Recreation & Culture

271.6

241.6

(11%)

F&B

1876.7

1698.8

(9%)

Miscellaneous Goods & Services

1255.4

1141.9

(9%)

Jewelry

209.7

196.3

(6%)

Clothes & Footwear

633.3

594.5

(6%)

Healthcare

814.1

768.3

(6%)

Electronics & Electric Appliances

224.1

213.4

(5%)

Transport

698.8

677.6

(3%)

Furniture

261.8

255.4

(2%)

Restaurants & Cafes

1763.7

1721.9

(2%)

Public Utilities

105.3

103.3

(2%)

Fuel Stations

752.7

744.0

(1%)

Construction Materials

330.2

329.5

(0.2%)

Hotels

235.6

241.2

+2%

Other

1847.1

1720.3

(7%)

Total

11592.9

10890.2

(6%)

 

Riyadh topped in terms of POS transaction value with almost SAR 3.59 billion, or 33% of total sales. Jeddah came second with SAR 1.59 billion, as indicated below:

POS Transactions by City (SAR mln)

City

Value of Transactions in Week Ended May 6

Value of Transactions in Week Ended May 13

Weekly Change

Riyadh

3727.9

3589.1

(4%)

Jeddah

1667.8

1585.2

(5%)

Dammam

607.3

567.5

(7%)

Madinah

439.2

406.4

(7%)

Makkah

427.7

401.2

(6%)

Al Khobar

352.6

337.2

(4%)

Buraidah

279.5

260.2

(7%)

Tabuk

221.9

202.7

(9%)

Hail

196.9

178.4

(9%)

Abha

158.9

148.4

(7%)

Other Cities

3513.2

3213.9

(9%)

Total

11592.9

10890.2

(6%)

 

Details and Historical Data of Consumer Spending


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