AI Summary
POS device
Point-of-sale (POS) transactions reached nearly SAR 10.87 billion in the week ended Sept. 23, compared to roughly SAR 11.19 billion in the week before, data issued by the Saudi Central Bank (SAMA) showed.
Data showed that about 173.9 million transactions were processed during the week.
POS transactions represent consumer spending using ATMs and credit cards in shopping malls, retail stores, pharmacies, etc.
The following table shows the weekly POS transactions:
|
Weekly POS Transactions |
|||
|
Week |
Transactions (’000) |
Value (SAR mln) |
Weekly Change |
|
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%) |
|
July 16 – 22 |
159618 |
10120.9 |
(7%) |
|
July 23- 29 |
173387 |
11917.3 |
+18% |
|
July 30- Aug. 5 |
183645 |
12664.7 |
+6% |
|
Aug. 6 – 12 |
178956 |
11969.1 |
(5%) |
|
Aug. 13-19 |
172775 |
12020.6 |
+0.4% |
|
Aug. 20-26 |
166097 |
11367.7 |
(5%) |
|
Aug. 27- Sept.2 |
195602 |
13836.3 |
+22% |
|
Sept. 3- 9 |
180155 |
11326.9 |
(18%) |
|
Sept. 10- 16 |
181876 |
11326.9 |
(1%) |
|
Sept. 17-23 |
173910 |
10869.2 |
(3%) |
The electronics & electric appliances topped the best performing sectors, rising by 23%, followed by clothes & footwear and furniture with a 7% weekly increase each.
In return, the education sector led decliners with a 20% weekly drop, followed by food & beverages (12%).
Consumer spending focused on the restaurants & cafes sector for the week, with nearly SAR 1.64 billion, followed by the food & beverages sector with SAR 1.57 billion.
|
POS Transactions by Sector (SAR mln) |
|||
|
Segment |
Transactions Value in Week Ended Sept. 16 |
Transactions Value in Week Ended Sept. 23 |
Weekly Change |
|
Education |
155.3 |
124.5 |
(20%) |
|
Food & Beverages |
1772.5 |
1568.5 |
(12%) |
|
Healthcare |
778.5 |
730.4 |
(6%) |
|
Public Utilities |
114.2 |
107.8 |
(6%) |
|
Fuel Stations |
781.4 |
743.4 |
(5%) |
|
Miscellaneous Goods & Services |
1243.6 |
1195.7 |
(4%) |
|
Jewelry |
184.3 |
177.3 |
(4%) |
|
Transport |
680.6 |
666.9 |
(2%) |
|
Construction Materials |
331.8 |
328.2 |
(1%) |
|
Telecommunications |
82.2 |
81.2 |
(1%) |
|
Restaurants & Cafes |
1636.2 |
1638.5 |
+0.1% |
|
Hotels |
243.2 |
252.4 |
+4% |
|
Recreation & Culture |
250.5 |
260.6 |
+4% |
|
Clothes & Footwear |
590.7 |
633.3 |
+7% |
|
Furniture |
300.4 |
322.0 |
+7% |
|
Electronics & Electric Appliances |
222.8 |
273.7 |
+23% |
|
Others |
1817.8 |
1764.8 |
(3%) |
|
Total |
11186.1 |
10869.2 |
(3%) |
Riyadh led in terms of POS transactions’ value for the same week, accounting for nearly SAR 3.63 billion, or 33%, of the total. Jeddah came in second with SAR 1.59 billion, as shown below:
|
POS Transactions by City (SAR mln) |
|||
|
City |
Transactions Value in Week Ended Sept. 16 |
Transactions Value in Week Ended Sept. 23 |
Weekly Change |
|
Riyadh |
3761.2 |
3634.8 |
(3%) |
|
Jeddah |
1601.0 |
1590.1 |
(1%) |
|
Dammam |
568.5 |
554.9 |
(2%) |
|
Makkah |
425.8 |
426.9 |
+3% |
|
Madinah |
422.4 |
419.2 |
(1%) |
|
Al Khobar |
323.5 |
338.9 |
+5% |
|
Buraidah |
263.2 |
269.2 |
+2% |
|
Tabuk |
218.6 |
194.7 |
(11%) |
|
Hail |
174.3 |
168.6 |
(3%) |
|
Abha |
148.9 |
142.2 |
(5%) |
|
Other cities |
3278.8 |
3129.7 |
(5%) |
|
Total |
11186.1 |
10869.2 |
(3%) |
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