POS transactions hit SAR 10.4 bln in week ending April 23: SAMA

27/04/2022 Argaam Special

POS device


The point-of-sale (POS) transactions reached nearly SAR 10.42 billion in the week ending April 23, from SAR 9.99 billion in the previous week, data issued by the Saudi Central Bank (SAMA) showed.  

 

Data showed that 112.46 million transactions were processed in the week.  

 

POS transactions represent what is spent by consumers using ATM cards and credit cards in shopping malls, retail stores, pharmacies, etc.  

 

The following table shows the weekly development of POS transactions:

 

Weekly POS Transactions

Week

Number of Transactions

(’000)

Value of Transactions
(SAR mln)

Change in Value

March 7- 13

87814

8548.6

(13%)

March 14- 20

86005

8458.2

(1%)

March 21- 27

86553

8820.9

+4%

March 28- April 3

101622

11375.0

+29%

April 4- 10

96104

10043.1

(12%)

April 11- 17

81624

8196.8

(18%)

April 18- 24

72190

7315.1

(11%)

April 25- May 1

91781

10731.1

+47%

May 2- 8

94300

10877.5

+1%

May 9- 15

90900

8621.7

(21%)

May 16- 22

82211

7054.1

(18%)

May 23- 29

96535

9168.3

+30%

May 30- June 5

102397

9499.1

+4%

June 6- 12

100417

8876.8

(7%)

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

9326.16

(12%)

Feb. 13-19

118885

8819.07

(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%

 

Sectors reported a mixed performance in terms of POS transactions during the week, with jewelry noting the highest POS transactions, which surged 36%. Clothes and footwear followed with a 23% increase and hotels with 14%.

 

Meanwhile, food and beverages reported the lowest POS transactions, with a 6% decline. It was followed by construction materials and fuel stations with a 5% drop each.

 

Consumer spending focused on the clothes and footwear sector in the week, with nearly SAR 1.42 billion, representing nearly 14% of total sales, followed by the food and beverages sector with SAR 1.35 billion, or 13% of total sales.

 

The following table gives details of consumer spending in each sector:

 

POS Transactions by Sector (SAR mln)

Segment

Transaction Value Week Ending Apr. 16

Transaction Value Week Ending Apr. 23

Weekly Change

Jewelry

252.1

343.2

+36%

Clothes and Footwear

1154.5

1421.1

+23%

Hotels

302.4

343.1

+14%

Telecommunications

98.5

104.7

+6%

Furniture

326.0

341.6

+5%

Miscellaneous Goods and Services

1014.6

1052.0

+4%

Recreation and Culture

242.3

252.6

+4%

Transport

589.8

608.4

+3%

Healthcare

703.8

718.9

+2%

Education

73.1

74.9

+2%

Restaurants and Cafes

1027.1

1040.4

+1%

Public Utilities

72.3

69.9

(3%)

Electronics and Electric Appliances

233.7

226.5

(3%)

Fuel Stations

627.1

595.1

(5%)

Construction Materials

315.2

300.5

(5%)

Food and Beverages

1427.8

1345.5

(6%)

Other

1530.6

1586.1

+4%

Total

9990.8

10424.4

+4%

 
 

Riyadh topped the POS transactions by cities in terms of value with nearly SAR 3.15 billion, representing 30% of the total sales. Jeddah came second with SAR 1.78 billion.

 

POS Transactions by City (SAR mln)

City

Transaction Value Week Ending Apr. 16

Transaction Value Week Ending Apr. 23

Weekly Change

Riyadh

3013.6

3147.0

+4%

Jeddah

1641.5

1784.9

+9%

Dammam

547.7

557.5

+2%

Makkah

613.6

649.8

+6%

Madinah

393.9

433.0

+10%

Al Khobar

301.4

321.1

+7%

Buraydah

235.5

247.5

+5%

Tabuk

174.5

174.1

(0.2%)

Hail

152.7

149.7

(2%)

Abha

122.8

132.1

+8%

Other Cities

2793.5

2827.7

+1%

Total

9990.8

10424.4

+4%

 

 

 

 Details and historical data of consumer spending 

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