POS weekly transactions down to SAR 10.4 bln: SAMA

03/05/2023 Argaam Special

POS device


The point-of-sale (POS) transactions reached nearly SAR 10.38 billion in the week ended April 29, compared to SAR 12 billion in the week before, data issued by the Saudi Central Bank (SAMA) showed.

 

Data showed that about 155.41 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 development in POS transactions:

 

Weekly POS Transactions

Week

Number of Transactions

(’000)

Value of Transactions
(SAR mln)

Weekly Change

Apr. 3-9, 2022

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. 5-11

174654

13209.3

(9%)

Mar. 12-18

163255

11999.2

(9%)

Mar. 19-25

146312

11040.4

(8%)

Mar. 26-Apr. 1

150207

12704.2

+15%

Apr. 2-8

153826

12580.8

(1%)

Apr. 9-15

156734

13039.3

+4%

Apr. 16-22

153692

12004.0

(8%)

Apr 23-29

155411

10377.6

(14%)

 

 

Clothes and footwear led the worst-performing sectors by value, at 64%. It was followed by jewelry (61%) and then furniture (28%).

 

 Education, meanwhile, topped the best performing industries at 435%, followed by construction materials (20%).

 

During the week, consumer spending focused on restaurants and cafes at SAR 1.93 billion and  food and beverages at SAR 1.80 billion:

 

The following table details consumer spending in each sector:

 

POS Transactions by Sector (SAR mln)

Sector

Value of

Transactions in

Week Ended Apr. 22

Value of

Transactions in

Week Ended Apr. 29

Weekly Change

Clothes & Footwear

1615.8

584.9

(64%)

Jewelry

498.2

193.7

(61%)

Furniture

277.8

200.2

(28%)

Miscellaneous Goods and Services

1283.0

1021.4

(20%)

Recreation and Culture

317.4

270.6

(15%)

Hotels

315.9

280.7

(11%)

Telecommunications

91.1

83.3

(9%)

Transport

505.9

478.3

(6%)

Healthcare

630.3

613.2

(3%)

Restaurants and Cafes

1790.6

1934.6

+8%

Fuel Stations Food & Beverages

1676.3

1804.9

+8%

Public Utilities

82.3

91.0

+11%

Electronics and Electric Appliances

159.8

176.9

+11%

Fuel Stations

662.6

749.3

+13%

Construction Materials

182.8

218.8

+20%

Education

11.2

59.8

+435%

Others

1902.9

1616.1

(15%)

Total

12004.0

10377.6

(14%)

 

 

Riyadh topped the POS transactions in terms of value with almost SAR 3.06 billion, or 29% of total sales. Jeddah came second with SAR 1.47 billion, as indicated below:

 

POS Transactions by City (SAR mln)

City

Value of

Transactions in

Week Ended Apr. 22

Value of

Transactions in

Week Ended Apr. 29

Weekly Change

Riyadh

3567.8

3058.7

(14%)

Jeddah

1852.5

1471.0

(21%)

Dammam

577.9

491.7

(15%)

Madinah

566.1

440.0

(22%)

Al Khobar

345.5

306.9

(11%)

Buraydah

286.5

252.4

(12%)

Makkah

708.0

413.2

(42%)

Abha

141.0

150.4

+7%

Hail

191.2

191.7

+0.3%

Tabuk

183.5

193.4

+5%

Other Cities

3583.9

3408.2

(5%)

Total

12004.0

10377.6

(14%)

 

 

 

 

Details and Historical Data of Consumer Spending

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