Point-of-sale (POS) transactions in Saudi Arabia rose 28 percent to SAR 20.22 billion in December—the highest figure in 22 years — from SAR 15.78 billion a year earlier, figures from the Saudi Arabian Monetary Authority (SAMA) showed.
Data showed that 72.18 million transactions were processed through nearly 300,000 points-of-sales in shopping malls, retail stores, and pharmacies.
|
POS Transactions (SAR bln) |
|||
|
Month |
2016 |
2017 |
Variation |
|
January |
14.70 |
15.75 |
+7% |
|
February |
13.48 |
14.16 |
+5% |
|
March |
15.36 |
16.31 |
+6% |
|
April |
14.78 |
16.47 |
+11% |
|
May |
17.72 |
18.86 |
+6% |
|
June |
18.21 |
18.08 |
(1%) |
|
July |
13.57 |
15.30 |
+13% |
|
August |
15.32 |
16.91 |
+10% |
|
September |
14.21 |
15.12 |
+6% |
|
October |
14.30 |
16.45 |
+15% |
|
November |
15.29 |
16.84 |
+10% |
|
December |
15.78 |
20.22 |
+28% |
Cash withdrawals increased 2 percent year-on-year (YoY) to nearly SAR 64 billion across 18,300 ATMs in December.
|
ATM Withdrawals (SAR bln) |
|||
|
Month |
2016 |
2017 |
Variation |
|
January |
62.69 |
61.14 |
(2%) |
|
February |
59.82 |
54.87 |
(8%) |
|
March |
66.16 |
63.38 |
(4%) |
|
April |
61.78 |
60.03 |
(3%) |
|
May |
67.82 |
65.26 |
(4%) |
|
June |
73.06 |
64.76 |
(11%) |
|
July |
54.94 |
56.28 |
+2% |
|
August |
65.11 |
67.72 |
+4% |
|
September |
59.26 |
51.31 |
(13%) |
|
October |
60.34 |
61.15 |
+1% |
|
November |
59.99 |
58.60 |
(2%) |
|
December |
62.49 |
64.02 |
+2% |
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