POS weekly transactions hit SAR 11.7B: SAMA

20/03/2024 Argaam Special

POS device 


Point-of-sale (POS) transactions in Saudi Arabia totaled approximately SAR 11.69 billion for the week ended March 16, compared to SAR 14.77 billion in the previous week.

 

For more POS data on Argaam Tools

 

The number of POS transactions reached about 168.62 million last week, according to data issued by SAMA.

POS transactions represent consumer expenditures through debit and credit cards at major shopping centers, retail outlets, pharmacies, and others.

Weekly POS Transactions

Week

Number of Transactions

(‘000)

Value of Transactions
(SAR mln)

Change (%)

March 5 - March 11

174,654

13,209.3

(9%)

March 12 - March 18

163,255

11,999.2

(9%)

March 19 - March 25

146,312

11,040.4

(8%)

March 26 - April 1

150,207

12,704.2

+15%

April 2 - April 8

153,826

12,580.8

(1%)

April 9 - April 15

156,734

13,039.3

+4%

April 16 - April 22

153,692

12,004.0

(8%)

April 23 - April 29

155,411

10,377.6

(14%)

April 30 - May 6

172,577

11,592.9

+12%

May 7 - May 13

171,464

10,890.2

(6%)

May 14 - May 20

160,857

10,092.0

(7%)

May 21 - May 27

163,445

10,705.0

+6%

May 28 - June 3

188,590

13,815.2

+29%

June 4 - June 10

173,918

11,686.9

(15%)

June 11 - June 17

175,694

11,651.8

(0.3%)

June 18 - June 24

171,662

12,295.7

+6%

June 25 - July 1

177,776

12,123.1

(1%)

July 2 - July 8

166,489

11,189.6

(8%)

July 9 - July 15

171,246

10,919.2

(2%)

July 16 - July 22

159,618

10,120.9

(7%)

July 23 - July 29

173,387

11,917.3

+18%

July 30 – Aug. 5

183,645

12,664.7

+6%

Aug. 6 – Aug. 12

178,956

11,969.1

(5%)

Aug. 13 – Aug. 19

172,775

12,020.6

+0.4%

Aug. 20 – Aug. 26

166,097

11,367.7

(5%)

Aug. 27 – Sept. 2

195,602

13,836.3

+22%

Sept. 3 – Sept. 9

180,155

11,326.9

(18%)

Sept. 10 – Sept. 16

181,876

11,186.1

(1%)

Sept. 17 – Sept. 23

173,910

10,869.2

(3%)

Sept. 24 – Sept. 30

191,142

13,624.6

+25%

Oct. 1 – Oct. 7

189,423

12,145.5

(11%)

Oct. 8 – Oct. 14

183,772

11,146.7

(8%)

Oct. 15 – Oct. 21

169,962

10,056.6

(10%)

Oct. 22 – Oct. 28

186,331

12,301.9

+22%

Oct. 29 – Nov. 4

193,290

12,779.8

+4%

Nov. 5 – Nov. 11

185,865

11,500.1

(10%)

Nov. 12 – Nov. 18

180,221

11,271.4

(2%)

Nov. 19 – Nov. 25

171,930

11,247.8

(0.2%)

Nov. 26 – Dec. 2

204,688

14,874.1

+32%

Dec. 3 – Dec. 9

187,765

12,067.1

(19%)

Dec. 10 – Dec. 16

186,657

11,637.5

(4%)

Dec. 17 – Dec. 23

171,770

10,701.7

(8%)

Dec. 24 – Dec. 30

198,191

13,989.3

+31%

Dec. 31 – Jan. 6, 2024

198,013

13,393.8

(4%)

Jan. 7– Jan. 13

191,673

12,347.1

(8%)

Jan. 14– Jan. 20

172,823

10,607.7

(14%)

Jan. 21– Jan. 27

178,011

11,039.9

+4%

Jan. 28- Feb. 3

204,897

14,327.4

+30%

Feb. 4- Feb. 10

188,307

11,873.1

(17%)

Feb. 11- Feb. 17

191,200

11,965.4

+1%

Feb. 18- Feb. 24

186,346

12,137.9

+1%

Feb. 25- March 2

212,770

16,209.2

+34%

March 3- March 9

206,227

14,768.8

(9%)

March 10- March 16

168,615

11,688.2

(21%)

 

During the week, all sectors saw a decrease in POS, headed by the education sector, which dipped by 54% week-on-week (WoW), followed by restaurants and cafes sector by 38% and recreation and culture sector by 30%.

Consumer spending was focused on the F&B sector, totaling SAR 2.26 billion during the week, followed by the miscellaneous goods and services sector with SAR 1.39 billion.

POS Transactions by Sector (SAR mln)

Sector

Value of Transactions in Week Ended March 9

Value of Transactions in Week Ended March 16

Weekly Change (%)

Education

303.3

140.3

(54%)

Restaurants & Cafes

1961.9

1225.8

(38%)

Recreation & Culture

318.4

224.1

(30%)

Furniture

444.9

314.3

(29%)

Hotels

358.4

271.3

(24%)

Construction & Building Materials

403.2

307.6

(24%)

Electronic & Electric Devices

279.7

224

(20%)

Jewelry

234.0

189.1

(19%)

Miscellaneous Goods & Services

1720.8

1386.4

(19%)

F&B

2673.2

2264.9

(15%)

Health

805.6

693.5

(14%)

Gas Stations

882.5

771.9

(13%)

Telecommunications

113.0

99

(12%)

Clothing & Footwear

1032.3

914.9

(11%)

Public Utilities

94.7

85.5

(10%)

Transportation

714.4

673.5

(6%)

Others

2428.5

1901.9

(22%)

Total

14768.8

11688.2

(21%)

 
 

Riyadh led in terms of POS value during the week with approximately SAR 3.88 billion, representing 33.2% of the total. Jeddah came in second with SAR 1.64 billion, as follows:

POS Transactions by City (SAR mln)

City

Value of Transactions in Week Ended March 9

Value of Transactions in Week Ended March 16

Weekly Change (%)

Riyadh

4976.9

3879.4

(22%)

Jeddah

2113.8

1636.9

(23%)

Makkah

606.0

632.0

4%

Dammam

731.0

594.9

(19%)

Madinah

561.5

460.2

(18%)

Al Khobar

411.8

316.6

(23%)

Buraydah

347.1

269.4

(22%)

Tabuk

277.0

218.3

(21%)

Hail

232.6

180.9

(22%)

Abha

174.8

129.4

(26%)

Other Cities

4336.2

3370.2

(22%)

Total

14768.8

11688.2

(21%)


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