POS weekly transactions decline to SAR 11.4B: SAMA

17/04/2024 Argaam Special

POS device 


Point-of-sale (POS) transactions in Saudi Arabia totaled approximately SAR 11.35 billion in the week ended April 13, up from SAR 16.54 billion in the previous week.

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The number of POS transactions reached about 179.22 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 (%)

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%)

March 17- March 23

160,246

11,461.0

(2%)

March 24- March 30

174,062

14,028.5

+22%

March 31- April 6

203,174

16,537.9

+2%

April 7- April 13

179,221

11,351.3

(31%)

 
 

During the week, all sectors saw a decline in the value of POS transactions except for the restaurants and cafes sector, where transaction value rose by 17% week-on-week (WoW).

The education sector saw the lowest POS transaction value, which dropped by 87%. The transportation sector came in second with a 63% decrease, followed by the construction and building materials sector with a 62% decline.

Consumer spending was focused on the restaurants and cafes sector, totaling SAR 2.15 billion during the week. The food and beverage (F&B) sector trailed with total POS transactions worth SAR 1.71 billion, as follows:

POS Transactions by Sector (SAR mln)

Sector

Value of Transactions in Week Ended April 6

Value of Transactions in Week Ended April 13

Weekly Change (%)

Education

35.2

4.7

(87%)

Transportation

846.7

315.4

(63%)

Construction & Building Materials

315.8

119.4

(62%)

Furniture

421.3

197.1

(53%)

Clothing & Footwear

2478.7

1187.3

(52%)

Electronic & Electric Devices

241.0

118.3

(51%)

Health

954.2

516.9

(46%)

Telecommunications

136.7

75.0

(45%)

Jewelry

601.5

375.9

(37%)

Public Utilities

82.8

53.2

(36%)

Miscellaneous Goods & Services

2099.7

1359.1

(35%)

Recreation & Culture

398.0

311.5

(22%)

F&B

2150.0

1708.8

(21%)

Hotels

398.7

328.7

(18%)

Gas Stations

834.6

789.8

(5%)

Restaurants & Cafes

1835.2

2151.9

17 %

Others

2707.7

1738.4

(36%)

Total

16537.9

11351.3

(31%)

 
 

Riyadh led in terms of POS value during the week with approximately SAR 3.32 billion, representing 29.3% of the total. Jeddah came in second with SAR 1.65 billion, as follows:

POS Transactions by City (SAR mln)

City

Value of Transactions in Week Ended April 6

Value of Transactions in Week Ended April 13

Weekly Change (%)

Riyadh

5,112.9

3,322.5

(35%)

Jeddah

2,503.9

1,650.0

(34%)

Makkah

1,007.1

634.8

(37%)

Madinah

766.4

560.9

(27%)

Dammam

761.1

499.0

(34%)

Al Khobar

406.9

315.3

(32%)

Buraydah

387.8

266.9

(31%)

Hail

267.0

185.7

(30%)

Tabuk

297.0

185.6

(38%)

Abha

181.2

135.2

(25%)

Other Cities

4,846.5

3,595.5

(26%)

Total

16,537.9

11,351.3

(31%)

 


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