POS machine
The point-of-sale (POS) transactions reached nearly SAR 12 billion in the week ended March 18, compared to SAR 13.21 billion in the week before, data issued by the Saudi Central Bank (SAMA) showed.
POS transactions represent what consumers spend using ATMs 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% |
|
Oct. 2-8 |
154383 |
10819.8 |
(16%) |
|
Oct. 9-15 |
151340 |
10265.2 |
(5%) |
|
Oct. 16-22 |
138928 |
9513.2 |
(7%) |
|
Oct. 23-29 |
156360 |
11687.2 |
+23% |
|
Oct. 30-Nov. 5 |
160288 |
11750.0 |
+1% |
|
Nov. 6-Nov. 12 |
154213 |
10601.1 |
(10%) |
|
Nov. 13-Nov. 19 |
145626 |
9799.2 |
(8%) |
|
Nov. 20-Nov. 26 |
142629 |
10022.1 |
+2% |
|
Nov. 27- Dec. 3 |
171207 |
13681.5 |
+37% |
|
Dec. 4-10 |
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- Feb. 11 |
160761 |
10912.3 |
(9%) |
|
Feb. 12- Feb. 18 |
152195 |
10347.3 |
(5%) |
|
Feb. 19- Feb. 25 |
147813 |
10399.4 |
+1% |
|
Feb. 26- Mar 4 |
182044 |
14574.1 |
+40% |
|
Mar 5 – Mar 11 |
174654 |
13209.3 |
(9%) |
|
Mar 12-Mar 18 |
163255 |
11999.2 |
(9%) |
All sectors reported weak performance, except for education that rose 139%.
Clothes and footwear led the declining sectors, falling by 20%, followed by hotels (19%) and jewelry (19%).
During the week, consumer spending focused on food and beverages at nearly SAR 2 billion, and restaurants and cafes 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 March 11 |
Value of Transactions in Week Ended March 18 |
Weekly Change |
|
Clothes & Footwear |
1127.3 |
906.8 |
(20%) |
|
Hotels |
388.7 |
316.8 |
(19%) |
|
Jewelry |
253.6 |
204.7 |
(19%) |
|
Restaurants and Cafes |
1973.0 |
1653.1 |
(16%) |
|
Miscellaneous Goods and Services |
1315.4 |
1164.0 |
(12%) |
|
Telecommunications |
96.7 |
86.2 |
(11%) |
|
Electronics and Electric Appliances |
286.3 |
259.1 |
(10%) |
|
Recreation and Culture |
317.1 |
287.6 |
(9%) |
|
Healthcare |
769.4 |
703.3 |
(9%) |
|
Furniture |
401.9 |
371.6 |
(8%) |
|
Fuel Stations |
774.6 |
712.3 |
(8%) |
|
Public Utilities |
116.9 |
109.1 |
(7%) |
|
Transport |
663.1 |
632.4 |
(5%) |
|
Construction Materials |
395.5 |
375.9 |
(5%) |
|
Food & Beverages |
2025.9 |
1996.2 |
(1%) |
|
Education |
93.7 |
223.4 |
+139% |
|
Others |
2210.0 |
1996.7 |
(10%) |
|
Total |
13209.3 |
11999.2 |
(9%) |
Riyadh topped the POS transactions in terms of value with almost SAR 3.95 billion, or 33% of total sales. Jeddah came second with SAR 1.78 billion, as indicated below:
|
POS Transactions by City (SAR mln) |
|||
|
City |
Value of Transactions in Week Ended March 11 |
Value of Transactions in March 18Week Ended |
Weekly Change |
|
Riyadh |
4186.9 |
3954.1 |
(6%) |
|
Jeddah |
2024.4 |
1780.8 |
(12%) |
|
Dammam |
688.1 |
637.5 |
(7%) |
|
Makkah |
554.5 |
491.2 |
(11%) |
|
Madinah |
543.9 |
463.6 |
(15%) |
|
Al Khobar |
398.6 |
373.2 |
(6%) |
|
Buraydah |
319.7 |
286.7 |
(10%) |
|
Tabuk |
224.0 |
205.1 |
(8%) |
|
Hail |
210.1 |
189.8 |
(10%) |
|
Abha |
165.4 |
144.5 |
(13%) |
|
Other Cities |
3893.6 |
3472.6 |
(11%) |
|
Total |
13209.3 |
11999.2 |
(9%) |
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