POS machine
The point-of-sale (POS) transactions reached nearly SAR 12.84 billion in the week ended Oct. 1, rising 23% week-on-week (WoW), data issued by the Saudi Central Bank (SAMA) showed.
Data showed that 160.6 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 |
Weekly Change |
|
Jan. 2-8, 2022 |
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% |
|
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% |
Except for the hotels sector, which declined by 10% WoW, all the remaining sectors saw an increase last week, led by the education sector with a 116% WoW surge. It was followed by the telecommunications and food and beverages sectors with a 69% and 48% WoW hike, respectively.
During the week, consumer spending focused on the food and beverages sector, reaching nearly SAR 2.1 billion, representing almost 16% of total sales. It was followed by the restaurants and cafes sector at SAR 1.65 billion.
The following table details consumer spending in each sector:
|
POS Transactions by Sector (SAR mln) |
|||
|
Sector |
Value of Transactions in Week Ended Sept. 24 |
Value of Transactions in Week Ended Oct. 1 |
Weekly Change |
|
Education |
85.3 |
184.0 |
+116% |
|
Telecommunications |
78.9 |
133.0 |
+69 % |
|
Food and Beverages |
1422.3 |
2103.5 |
+48 % |
|
Miscellaneous Goods and Services |
1118.1 |
1461.0 |
+31 % |
|
Healthcare |
732.9 |
952.5 |
+30 % |
|
Transport |
565.6 |
729.8 |
+29 % |
|
Fuel Stations |
248.0 |
298.2 |
+20 % |
|
Jewelry |
671.2 |
773.4 |
+15 % |
|
Public Utilities |
92.8 |
106.6 |
+15 % |
|
Construction Materials |
375.0 |
423.2 |
+13 % |
|
Clothes and Footwear |
669.0 |
750.4 |
+12 % |
|
Restaurants and Cafes |
1509.7 |
1653.3 |
+10% |
|
Electronics and Electric Appliances |
299.7 |
326.1 |
+9% |
|
Recreation and Culture |
294.0 |
319.3 |
+9% |
|
Furniture |
392.4 |
400.8 |
+2% |
|
Hotels |
239.1 |
215.9 |
(10%) |
|
Other |
1631.6 |
2013.8 |
+%23 |
|
Total |
10425.5 |
12844.9 |
+%23 |
Riyadh topped the POS transactions in value with almost SAR 3.94 billion, representing 31% of total sales. Jeddah came second with SAR 1.9 billion, as indicated below:
|
POS Transactions by City (SAR mln) |
|||
|
City |
Value of Transactions in Week Ended Sept. 24 |
Value of Transactions in Week Ended Oct. 1 |
Weekly Change |
|
Riyadh |
3,277.9 |
3,941.4 |
+20% |
|
Jeddah |
1,647.8 |
1,901.6 |
+15% |
|
Dammam |
569.1 |
688.4 |
+21% |
|
Madinah |
406.6 |
485.8 |
+19% |
|
Makkah |
403.8 |
477.6 |
+18% |
|
Al Khobar |
331.1 |
382.4 |
+15% |
|
Buraydah |
262.6 |
314.1 |
+20% |
|
Tabuk |
184.4 |
262.7 |
+42% |
|
Hail |
164.2 |
221.3 |
+35% |
|
Abha |
147.1 |
180.7 |
+23% |
|
Other Cities |
3,030.8 |
3,988.8 |
+32% |
|
Total |
10,425.5 |
12,844.9 |
+23% |
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