AI Summary
POS device
The point-of-sale (POS) transactions reached nearly SAR 8.95 billion in the week ended July 23, up from SAR 8.07 billion in the previous week, data issued by the Saudi Central Bank (SAMA) showed.
Data showed that 125 million transactions were processed during the week.
POS transactions represent what consumers spend using ATM 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 |
Change |
|
June 13- 19 |
94783 |
8289.6 |
(7%) |
|
June 20- 26 |
94112 |
8357.9 |
+1% |
|
June 27- July 3 |
111340 |
10749.8 |
+29% |
|
July 4 – 10 |
104460 |
9352.1 |
(13%) |
|
July 11 – 17 |
106481 |
9528.0 |
+2% |
|
July 18 – 24 |
84706 |
6123.8 |
(36%) |
|
July 25 – 31 |
106791 |
9713.3 |
+59% |
|
Aug. 1- 7 |
105714 |
9020.7 |
(7%) |
|
Aug. 8-14 |
104697 |
8714.5 |
(3%) |
|
Aug. 15-21 |
96937 |
8002.2 |
(8%) |
|
Aug. 22-28 |
110497 |
10539.9 |
+32% |
|
Aug. 29- Sept. 4 |
112375 |
10196.7 |
(3%) |
|
Sept. 5-11 |
110220 |
9021.1 |
(12%) |
|
Sept. 12-18 |
104519 |
8373.1 |
(7%) |
|
Sept. 19-25 |
103627 |
8852.0 |
+6% |
|
Sept. 26- Oct. 2 |
119137 |
11027.4 |
+25% |
|
Oct. 3-9 |
113012 |
9157.7 |
(17%) |
|
Oct. 10-16 |
111255 |
8679.0 |
(5%) |
|
Oct. 17-23 |
102766 |
8021.9 |
(8%) |
|
Oct. 24-30 |
118497 |
10345.0 |
+29% |
|
Oct. 31- Nov. 6 |
118141 |
10003.1 |
(3%) |
|
Nov. 7-13 |
115481 |
9173.8 |
(8%) |
|
Nov. 14-20 |
107843 |
8459.4 |
(8%) |
|
Nov. 21-27 |
112231 |
9418.4 |
+11% |
|
Nov. 28- Dec. 4 |
129984 |
12059.1 |
+28% |
|
Dec. 5-11 |
120149 |
10010.9 |
(17%) |
|
Dec. 12-18 |
113088 |
9048.2 |
(10%) |
|
Dec. 19- 25 |
107557 |
8646.2 |
(4%) |
|
Dec. 26- Jan. 1, 2022 |
132018 |
11839.9 |
+37% |
|
Jan. 2- Jan. 8 |
122898 |
10226.8 |
(14%) |
|
Jan. 9-15 |
120676 |
9505.0 |
(7%) |
|
Jan. 16-22 |
111506 |
8774.0 |
(8%) |
|
Jan. 23-29 |
125208 |
10448.9 |
+19% |
|
Jan. 30- Feb. 5 |
129020 |
10548.4 |
+1% |
|
Feb. 6-12 |
122877 |
9326.1 |
(12%) |
|
Feb. 13-19 |
118885 |
8819.1 |
(5%) |
|
Feb. 20-26 |
120587 |
9407.8 |
+7% |
|
Feb. 27- Mar. 5 |
139521 |
12018.0 |
+28% |
|
Mar. 6-12 |
135386 |
10807.9 |
(10%) |
|
Mar. 13-19 |
128050 |
10735.3 |
(0.6%) |
|
Mar. 20-26 |
128246 |
10667.8 |
(0.6%) |
|
Mar. 27- Apr. 2 |
153351 |
14051.5 |
+32% |
|
Apr. 3-9 |
110387 |
9640.0 |
(31%) |
|
Apr. 10-16 |
114444 |
9990.8 |
+4% |
|
Apr. 17-23 |
112462 |
10424.4 |
+4% |
|
Apr. 24-30 |
153055 |
15971.6 |
+53% |
|
May 1-7 |
120147 |
8402.9 |
(47%) |
|
May 8-14 |
128325 |
9318.6 |
+11% |
|
May 15-21 |
124158 |
8810.7 |
(5%) |
|
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% |
The education sector took the lead among rising sectors at 950%, followed by the transport sector at 76% and the construction materials sector at 61%.
On the other hand, the restaurants and cafes sector led the decline at 11%, followed by the hotels sector at 10%.
Consumer spending focused on the restaurants and cafes sector in the week at nearly SAR 1.33 billion, representing nearly 14.9% of total sales, followed by the food and beverages sector at SAR 1.28 billion, or 14.3% of total sales.
The following table gives details on consumer spending in each sector:
|
POS Transactions by Sector (SAR mln) |
|||
|
Segment |
Transaction Value Week Ended July 16 |
Transaction Value Week Ended July 23 |
Weekly Change |
|
Education |
6.7 |
70.4 |
+950% |
|
Transport |
323.9 |
568.4 |
+76% |
|
Construction Materials |
213.7 |
344.3 |
+61% |
|
Healthcare |
458.6 |
616.3 |
+34% |
|
Electronics and Electric Appliances |
165.7 |
221.8 |
+34% |
|
Furniture |
191.5 |
248.7 |
+30% |
|
Telecommunications |
58.7 |
71.9 |
+22% |
|
Public Utilities |
67.2 |
81.0 |
+21% |
|
Miscellaneous Goods and Services |
838.6 |
998.9 |
+19% |
|
Jewelry |
247.0 |
284.9 |
+15% |
|
Food and Beverages |
1270.3 |
1278.8 |
+1% |
|
Clothes and Footwear |
520.4 |
521.4 |
+0.2% |
|
Fuel Stations |
613.6 |
590.9 |
(4%) |
|
Recreation and Culture |
221.4 |
203.9 |
(8%) |
|
Hotels |
205.9 |
186.1 |
(10%) |
|
Restaurants and Cafes |
1491.6 |
1329.8 |
(11%) |
|
Other |
1172.6 |
1330.1 |
+13% |
|
Total |
8067.2 |
8947.4 |
+11% |
Riyadh topped the POS transactions by cities in terms of value with nearly SAR 2.13 billion, representing 26% of total sales. Jeddah came second with SAR 1.26 billion.
|
POS Transactions by City (SAR mln) |
|||
|
City |
Transaction Value Week Ended July 16 |
Transaction Value Week Ended July 23 |
Weekly Change |
|
Riyadh |
2134.1 |
2656.6 |
+25% |
|
Jeddah |
1255.0 |
1451.0 |
+16% |
|
Dammam |
376.4 |
457.6 |
+22% |
|
Madinah |
336.2 |
337.4 |
+0.4% |
|
Makkah |
356.7 |
300.7 |
(16%) |
|
Al Khobar |
229.1 |
262.6 |
+15% |
|
Buraydah |
210.7 |
231.5 |
+10% |
|
Abha |
169.3 |
181.3 |
+7% |
|
Hail |
143.0 |
150.9 |
+6% |
|
Tabuk |
125.0 |
146.4 |
+17% |
|
Other Cities |
2731.8 |
2771.3 |
+1% |
|
Total |
8067.2 |
8947.4 |
+11% |
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