Saudi POS transactions rise 18% in November

30/12/2018 Argaam Special

Point-of-sale (POS) transactions in Saudi Arabia jumped 18 percent to SAR 19.9 billion in November from SAR 16.8 billion a year earlier, figures from the Saudi Arabian Monetary Authority (SAMA) show.

Data showed that 98.4 million transactions were processed through nearly 348,000 points-of-sales in shopping malls, retail stores, and pharmacies.

POS Transactions (SAR bln)

Month

2017

2018

Variation

January

15.75

16.44

+4%

February

14.16

15.39

+9%

March

16.31

19.54

+20%

April

16.47

19.40

+18%

May

18.86

23.06

+22%

June

18.08

19.30

+7%

July

15.30

19.18

+25%

August

16.91

19.20

+14%

September

15.12

19.31

+28%

October

16.45

19.30

+17%

November

16.84

19.87

+18%

December

20.22

--

--

Cash withdrawals grew by 2 percent year-on-year (YoY) to SAR 59.6 billion through 174.8 million transactions processed across 18,600 ATMs in November.

ATM Withdrawals (SAR bln)

Month

2017

2018

Variation

January

61.14

62.22

+2%

February

54.87

56.34

+3%

March

63.38

66.73

+5%

April

60.03

63.30

+5%

May

65.26

68.05

+4%

June

64.76

61.94

(4%)

July

56.28

63.42

+13%

August

67.72

63.16

(7%)

September

51.31

57.62

+12%

October

61.15

62.05

+1%

November

58.60

59.62

+2%

December

64.02

--

--


News

Prices

Aramco IPONew

Sectors

Companies

Financial Data

Financial Ratios

Analysts

IPOs

Economy

Mutual Funds

Projects

Interactive Charts