POS transactions drop 12% to SAR 9.02 bln in week ending Sept. 11: SAMA

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The point-of-sale (POS) transactions declined by 12% to SAR 9.02 billion in the week ending Sept. 11, from SAR 10.2 billion in the previous week, data issued by the Saudi Central Bank (SAMA) showed.

Data showed that a total of 110.2 million transactions were processed in the week ending Sept. 11.

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

Weekly POS Transactions
Week	Number of Transactions (’000)	Transactions’ Value (SAR mln)	Variation in Value
Jan. 3- 9	81579	8516.5	(21%)
Jan. 10- 16	81146	8184.2	(4%)
Jan. 17- 23	72492	7509.7	(8%)
Jan. 24- 30	85085	9302.2	+24%
Jan. 31- Feb. 6	83184	8555.9	(8%)
Feb. 7-13	78653	7631.0	(11%)
Feb. 14- 20	75594	7188.2	(6%)
Feb. 21- 27	74531	7341.8	+ 2%
Feb. 28- March 6	91204	9879.4	+ 35%
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%)

All sectors witnessed a decline in POS during the week ending Sept. 11, led by the education sector, which fell by 57%. The telecommunications sector came second with a decline of 24%.

Consumer spending focused on the food and beverages sector in the week, with nearly SAR 1.39 billion, representing 15% of POS transactions, followed by restaurants and cafes sector with SAR 1.24 billion.

POS Transactions by Sector (SAR mln)
Segment	Transactions’ Value Week Ending Sept. 4	Transactions’ Value Week Ending Sept. 11	Weekly Variation
Education	571.1	246.8	(57%)
Telecommunications	126.4	96.0	(24%)
Recreation & Culture	357.9	275.4	(23%)
Electronics & Electric Appliances	307.5	263.8	(14%)
Clothes & Footwear	641.3	558.2	(13%)
Miscellaneous goods & services	972.1	865.5	(11%)
Public Utilities	96.6	86.9	(10%)
Food & Beverages	1538.4	1386.3	(10%)
Transport	573.6	519.2	(9%)
Hotels	152.9	140.5	(8%)
Healthcare	734.1	682.9	(7%)
Restaurants & Cafes	1294.7	1243.7	(4%)
Jewelry	188.9	185.4	(2%)
Furniture	311.8	306.8	(2%)
Construction Materials	341.5	336.1	(2%)
Fuel Stations	616.5	607.4	(1%)
Other	1371.3	1220.1	(11%)
Total	10196.7	9021.1	(12%)

Riyadh topped the POS transactions by cities in terms of value with nearly SAR 2.85 billion, representing 32% of the total sales. Jeddah came second with SAR 1.41 billion.

POS Transactions by City (SAR mln)
City	Transactions’ Value Week Ending Sept. 4	Transactions’ Value Week Ending Sept. 11	Weekly Variation
Riyadh	3242.2	2849.1	(12%)
Jeddah	1620.1	1406.8	(13%)
Dammam	548.4	478.2	(13%)
Madinah	369.2	327.6	(11%)
Al Khobar	343.7	297.4	(13%)
Makkah	331.6	291.8	(12%)
Buraydah	247.5	228.2	(8%)
Tabuk	196.8	169.4	(14%)
Hail	162.7	150.3	(8%)
Abha	155.3	136.0	(12%)
Other Cities	2979.3	2686.3	(10%)
Total	10196.7	9021.1	(12%)

Details and historical data of consumers' spending

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