POS device
The point-of-sale (POS) transactions reached nearly SAR 13.82 billion in the week ended June 3, compared to SAR 10.7 billion in the week before, data issued by the Saudi Central Bank (SAMA) showed.
POS value during the past week was the highest in about three months - since the week ended on March 4, when the sales value amounted to SAR 14.57 billion.
Data showed that about 188.59 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 |
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% |
|
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, 2023 |
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- Feb. 11 |
160761 |
10912.3 |
(9%) |
|
Feb. 12- Feb. 18 |
152195 |
10347.3 |
(5%) |
|
Feb. 19- Feb. 25 |
147813 |
10399.4 |
+1% |
|
Feb. 26- Mar 4 |
182044 |
14574.1 |
+40% |
|
Mar 5-11 |
174654 |
13209.3 |
(9%) |
|
Mar 12-18 |
163255 |
11999.2 |
(9%) |
|
Mar 19-25 |
146312 |
11040.4 |
(8%) |
|
Mar 26-Apr 1 |
150207 |
12704.2 |
+15% |
|
Apr 2-8 |
153826 |
12580.8 |
(1%) |
|
Apr 9-15 |
156734 |
13039.3 |
+4% |
|
Apr 16-22 |
153692 |
12004.0 |
(8%) |
|
Apr 23-29 |
155411 |
10377.6 |
(14%) |
|
Apr 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 |
10705.0 |
+6% |
|
May 28-June 3 |
188590 |
13815.2 |
+29% |
All sectors reported a positive performance, except for hotels, which reported a decrease of 4%.
Education was the highest performer, with a rise of 50%, followed by telecommunications (49%), and clothes and footwear (44%).
During the week, consumer spending focused on food and beverages at SAR 2.23 billion and restaurants and cafes at nearly SAR 2.02 billion.
The following table details consumer spending in each sector:
|
POS Transactions by Sector (SAR mln) |
|||
|
Sector |
Value of Transactions in Week Ended May 27 |
Value of Transactions in Week Ended June 3 |
Weekly Change |
|
Education |
130.6 |
196.0 |
+50% |
|
Telecommunications |
87.5 |
130.1 |
+49% |
|
Clothes & Footwear |
631.9 |
913.0 |
+44% |
|
Recreation and Culture |
227.9 |
311.1 |
+36% |
|
Food & Beverages |
1646.5 |
2227.7 |
+35% |
|
Electronics & Electric Appliances |
285.3 |
380.9 |
+34% |
|
Miscellaneous Goods and Services |
1103.1 |
1460.2 |
+32% |
|
Healthcare |
704.2 |
910.4 |
+29% |
|
Furniture |
256.5 |
330.8 |
+29% |
|
Public Utilities |
98.5 |
122.0 |
+24% |
|
Transport |
650.4 |
808.7 |
+24% |
|
Jewelry |
218.7 |
268.4 |
+23% |
|
Restaurants and Cafes |
1659.2 |
2017.7 |
+22% |
|
Construction Materials |
722.6 |
847.6 |
+17% |
|
Fuel Stations |
326.1 |
367.2 |
+13% |
|
Hotels |
262.8 |
252.3 |
(4%) |
|
Others |
1693.2 |
2271.4 |
+34% |
|
Total |
10704.8 |
13815.2 |
+29% |
Riyadh topped the POS transactions in terms of value with almost SAR 4.45 billion, or 32% of total sales. Jeddah came second with SAR 1.94 billion, as indicated below:
|
POS Transactions by City (SAR mln) |
|||
|
City |
Value of Transactions in Week Ended May 27 |
Value of Transactions in Week Ended June 3 |
Weekly Change |
|
Riyadh |
3593.3 |
4446.5 |
+24% |
|
Jeddah |
1565.9 |
1942.7 |
+24% |
|
Dammam |
566.7 |
709.6 |
+25% |
|
Madinah |
389.4 |
496.4 |
+27% |
|
Makkah |
377.6 |
485.6 |
+29% |
|
Al Khobar |
352.7 |
413.8 |
+17% |
|
Buraydah |
256.6 |
323.9 |
+26% |
|
Tabuk |
191.5 |
281.5 |
+47% |
|
Hail |
166.7 |
238.1 |
+43% |
|
Abha |
152.6 |
202.9 |
+33% |
|
Other Cities |
3092.1 |
4274.5 |
+38% |
|
Total |
10704.8 |
13815.2 |
+29% |
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