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POS weekly transactions reach SAR 10.7 bln: SAMA
AI Summary
Content Summary: 
POS device
The point-of-sale (POS) transactions reached nearly SAR 10.70 billion in the week ended May 27, compared to almost SAR 10.09 billion in the week before, data issued by the Saudi Central Bank (SAMA) showed.
Data showed that about 163.45 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 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% |
|
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%) |
|
May 14-20 |
160857 |
10092.0 |
(7%) |
|
May 21-27 |
163445 |
10704.8 |
+6% |
All sectors moved up, led by electronics & electric appliances that leapt 41%, followed by clothes & footwear that rose 16%, then hotels and telecommunications (13% each).
During the week, consumer spending was focused on restaurants & cafes with nearly SAR 1.66 billion, followed by F&B (SAR 1.65 billion).
|
POS Transactions by Sector (SAR mln) |
|||
|
Sector |
Value of Transactions in Week Ended May 20 |
Value of Transactions in Week Ended May 27 |
Weekly Change |
|
Electronics & Electric Appliances |
201.7 |
285.3 |
+41% |
|
Clothes & Footwear |
546.6 |
631.9 |
+16% |
|
Hotels |
232.2 |
262.8 |
+13% |
|
Telecommunications |
77.5 |
87.5 |
+13% |
|
Jewelry |
196.4 |
218.7 |
+11% |
|
Furniture |
242.3 |
256.5 |
+6% |
|
F&B |
1562.6 |
1646.5 |
+5% |
|
Miscellaneous Goods & Services |
1047.4 |
1103.1 |
+5% |
|
Recreation & Culture |
217.8 |
227.9 |
+5% |
|
Restaurants & Cafes |
1588.5 |
1659.2 |
+5% |
|
Fuel Stations |
694.4 |
722.6 |
+4% |
|
Transport |
630.8 |
650.4 |
+3% |
|
Public Utilities |
96.1 |
98.5 |
+3% |
|
Construction Materials |
322.8 |
326.1 |
+1% |
|
Healthcare |
697.5 |
704.2 |
+1% |
|
Education |
129.4 |
130.6 |
+1% |
|
Other |
1608.2 |
1693.2 |
+5% |
|
Total |
10092.0 |
10704.8 |
+6% |
City-wise, Riyadh topped in terms of POS transaction value with almost SAR 3.59 billion, or 34% of total sales. Jeddah came second with SAR 1.57 billion, as indicated below:
|
POS Transactions by City (SAR mln) |
|||
|
City |
Value of Transactions in Week Ended May 20 |
Value of Transactions in Week Ended May 27 |
Weekly Change |
|
Riyadh |
3431.5 |
3593.3 |
+5% |
|
Jeddah |
1471.6 |
1565.9 |
+6% |
|
Dammam |
535.6 |
566.7 |
+6% |
|
Madinah |
368.8 |
389.4 |
+6% |
|
Makkah |
362.3 |
377.6 |
+4% |
|
Al Khobar |
326.6 |
352.7 |
+8% |
|
Buraidah |
240.0 |
256.6 |
+7% |
|
Tabuk |
180.0 |
191.5 |
+6% |
|
Hail |
155.8 |
166.7 |
+7% |
|
Abha |
135.4 |
152.6 |
+13% |
|
Other cities |
2884.3 |
3092.1 |
+7% |
|
Total |
10092.0 |
10704.8 |
+6% |
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