AI Summary
POS device
The point-of-sale (POS) transactions reached nearly SAR 10.92 billion in the week ended July 15, compared to SAR 11.19 billion in the week before, data issued by the Saudi Central Bank (SAMA) showed.
Data showed that about 171.25 million transactions were processed during the week.
POS transactions represent what consumers spend using ATMs and credit cards in shopping malls, retail stores, pharmacies, etc.
The following table shows the weekly POS transactions:
|
Weekly POS Transactions |
|||
|
Week |
Number of Transactions (’000) |
Value of Transactions |
Change in Value |
|
July 3 – 9 |
151178 |
12090.5 |
(10%) |
|
July 10 – 16 |
122999 |
8067.2 |
(33%) |
|
July 17 – 23 |
125027 |
8947.0 |
+11% |
|
July 24 – 30 |
147102 |
11422.3 |
+28% |
|
July 31 – Aug. 6 |
145051 |
10803.1 |
(5%) |
|
Aug. 7 - 13 |
143471 |
10302.2 |
(5%) |
|
Aug. 14 - 20 |
138608 |
10191.1 |
(1%) |
|
Aug. 21 - 27 |
142718 |
11586.2 |
+14% |
|
Aug. 28 – Sept. 3 |
162486 |
13502.0 |
+17% |
|
Sept. 4 – 10 |
147651 |
10588.1 |
(22%) |
|
Sept. 11 – 17 |
147526 |
10243.8 |
(3%) |
|
Sept. 18 – 24 |
142432 |
10425.5 |
+1% |
|
Sept. 25 – Oct. 1 |
160613 |
12844.9 |
+23% |
|
Sept. 2 – Oct. 8 |
154383 |
10819.8 |
(16%) |
|
Sept. 9 – Oct. 15 |
151340 |
10265.2 |
(5%) |
|
Sept. 16 – Oct. 22 |
138928 |
9513.2 |
(7%) |
|
Sept. 23 – Oct. 29 |
156360 |
11687.2 |
+23% |
|
Oct. 30 – Nov. 05 |
160288 |
11750.0 |
+1% |
|
Nov. 06 – 12 |
154213 |
10601.1 |
(10%) |
|
Nov. 13 – 19 |
145626 |
9799.2 |
(8%) |
|
Nov. 20 – 26 |
142629 |
10022.1 |
+2% |
|
Nov. 27 – Dec. 03 |
171207 |
13681.5 |
+37% |
|
Dec. 04 – 10 |
153088 |
11050.4 |
(19%) |
|
Dec. 11 – 17 |
155366 |
10739.3 |
(3%) |
|
Dec. 18 – 24 |
142409 |
9742.2 |
(9.3%) |
|
Dec. 25 – 31 |
168373 |
13456.6 |
+38% |
|
Jan. 1- 7, 2023 |
157175 |
11173.8 |
(17%) |
|
Jan. 8- 14 |
155827 |
10673.8 |
(4%) |
|
Jan. 15- 21 |
144764 |
9713.0 |
(9%) |
|
Jan. 22- 28 |
141095 |
10105.4 |
+4% |
|
Jan. 29- Feb. 4 |
167916 |
12020.5 |
+19% |
|
Feb. 5- 11 |
160761 |
10912.3 |
(9%) |
|
Feb. 12- 18 |
152195 |
10347.3 |
(5%) |
|
Feb. 19- 25 |
147813 |
10399.4 |
+1% |
|
Feb. 26 - March 4 |
182044 |
14574.1 |
+40% |
|
March 5- 11 |
174654 |
13209.3 |
(9%) |
|
March 12- 18 |
163255 |
11999.2 |
(9%) |
|
March 19- 25 |
146312 |
11040.4 |
(8%) |
|
March 26- April 1 |
150207 |
12704.2 |
+15% |
|
April 2-8 |
153826 |
12580.8 |
(1%) |
|
April 9-15 |
156734 |
13039.3 |
+4% |
|
April 16-22 |
153692 |
12004.0 |
(8%) |
|
April 23-29 |
155411 |
10377.6 |
(14%) |
|
April 30-May 6 |
172577 |
11592.9 |
+12% |
|
May 7-13 |
171464 |
10890.2 |
(6%) |
|
May 14-20 |
160857 |
10092.0 |
(7%) |
|
May 21-27 |
163445 |
10705.0 |
+6% |
|
May 28- June 3 |
188590 |
13815.2 |
+29% |
|
June 4-10 |
173918 |
11686.9 |
(15%) |
|
June 11-17 |
175694 |
11651.8 |
(0.3%) |
|
June 18-24 |
171662 |
12295.7 |
+6% |
|
June 25-July 1 |
177776 |
12123.1 |
(1%) |
|
July 2-8 |
166489 |
11189.6 |
(8%) |
|
July 9-15 |
171246 |
10919.2 |
(2%) |
Jewelry and recreation and culture segments were the worst performers, falling by 26% and 11%, respectively. They were followed by clothing and footwear (10%).
On the other hand, education led the top-performing sectors, rising by 21%. The hotel sector followed at 7%.
Consumer spending focused on the restaurants and cafes sector in the week, with nearly SAR 1.72 billion, followed by the food and beverages sector with SAR 1.65 billion.
The below table highlights consumer spending by sector:
|
POS Transactions by Sector (SAR mln) |
|||
|
Sector |
Transaction Value Week Ended July 8 |
Transaction Value Week Ended July 15 |
Weekly Change |
|
Jewelry |
267.4 |
197.4 |
(26%) |
|
Recreation & Culture |
274.3 |
244.2 |
(11%) |
|
Clothing & Footwear |
680.1 |
613.9 |
(10%) |
|
Electronic & Electric Appliances |
227.7 |
217.6 |
(4%) |
|
Miscellaneous Goods & Services |
1267.7 |
1215.5 |
(4%) |
|
Telecommunications |
86.0 |
82.9 |
(4%) |
|
Restaurants & Cafes |
1747.1 |
1721.0 |
(1%) |
|
Food & Beverages |
1667.4 |
1654.1 |
(1%) |
|
Furniture |
261.3 |
259.3 |
(1%) |
|
Construction & Building Materials |
328.4 |
327.5 |
(0.3%) |
|
Gas Stations |
718.9 |
720.1 |
+0.2% |
|
Health |
723.4 |
732.8 |
+1% |
|
Public Utilities |
103.8 |
105.8 |
+2% |
|
Transportation |
663.9 |
701.2 |
+6% |
|
Hotels |
217.3 |
233.4 |
+7% |
|
Education |
75.4 |
91.3 |
+21% |
|
Other |
1879.5 |
1801.3 |
(4%) |
|
Total |
11189.6 |
10919.2 |
(2%) |
Riyadh topped the POS transactions in terms of value, with nearly SAR 3.39 billion, representing 31% of the total sales. Jeddah came second with SAR 1.56 billion, as indicated below:
|
POS Transactions by City (SAR mln) |
|||
|
City |
Transaction Value Week Ended July 8 |
Transaction Value Week Ended July 15 |
Weekly Change |
|
Riyadh |
3367.4 |
3392.1 |
+1% |
|
Jeddah |
1623.9 |
1561.3 |
(4%) |
|
Dammam |
519.4 |
517.2 |
(0.4%) |
|
Madinah |
459.9 |
424.1 |
(8%) |
|
Makkah |
440.4 |
396.3 |
(10%) |
|
Al Khobar |
301.8 |
297.7 |
(1%) |
|
Buraydah |
278.2 |
262.6 |
(6%) |
|
Abha |
211.8 |
216.7 |
+2% |
|
Tabuk |
184.8 |
188.9 |
+2% |
|
Hail |
192.6 |
186.7 |
(3%) |
|
Other Cities |
3609.4 |
3475.6 |
(4%) |
|
Total |
11189.6 |
10919.2 |
(2%) |
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