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Electronic payment device
The point-of-sale (POS) transactions amounted to SAR 9.16 billion in the week ending Oct. 9, compared to SAR 11.03 billion in the previous week, data issued by the Saudi Central Bank (SAMA) showed.
Data showed that a total of 113.01 million transactions were processed in the week ending Oct. 9.
POS transactions represent what is spent by consumers using their ATM cards and credit cards in shopping malls, retail stores, pharmacies, etc.
Weekly POS Transactions |
|||
Week |
Number of Transactions (,000) |
Transactions’ Value |
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%) |
Sept. 12 – 18 |
104519 |
8373.1 |
(7%) |
Sept. 19 – 25 |
103627 |
8852.0 |
+ 6% |
Sept. 26 – Oct. 2 |
119137 |
11027.4 |
+ 25% |
Oct. 3 – Oct. 9 |
113012 |
9157.7 |
(17%) |
All sectors witnessed a decrease in POS during the week ending Oct. 9, led by the education sector falling 33%. Furniture came second with a decline of 28%, followed by food and beverages sector (-23%).
Consumer spending focused on the food and beverages sector in the week, with nearly SAR 1.40 billion, representing 15% of POS transactions, followed by the restaurants and cafes sector with SAR 1.30 billion.
POS Transactions by Sector in Week (SAR mln) |
|||
Sector |
Transactions’ Value Week Ending Oct. 2 |
Transactions’ Value Week Ending Oct. 9 |
Weekly Variation |
Education |
142.4 |
94.8 |
(33%) |
Furniture |
408.5 |
293.0 |
(28%) |
Food & beverages |
1825.8 |
1403.6 |
(23%) |
Electronics and electric appliances |
331.1 |
257.9 |
(22%) |
Recreation & culture |
345.6 |
269.3 |
(22%) |
Healthcare |
895.7 |
701.6 |
(22%) |
Miscellaneous goods & services |
1119.1 |
915.2 |
(18%) |
Telecommunications |
124.6 |
102.6 |
(18%) |
Transport |
607.9 |
503.2 |
(17%) |
Clothes and footwear |
717.8 |
612.2 |
(15%) |
Jewelry |
230.8 |
201.4 |
(13%) |
Public utilities |
97.6 |
85.8 |
(12%) |
Construction materials |
402.5 |
360.8 |
(10%) |
Fuel stations |
655.2 |
598.1 |
(9%) |
Restaurants and cafes |
1393.6 |
1297.4 |
(7%) |
Hotels |
167.2 |
156.8 |
(6%) |
Other |
1562.0 |
1303.9 |
(17%) |
Total |
11027.4 |
9157.7 |
(17%) |
Riyadh topped the POS transactions by cities in terms of value with nearly SAR 2.88 billion, representing 31% of the total sales. Jeddah came second with SAR 1.43 billion.
POS Transactions by City (SAR mln) |
|||
City |
Transactions’ Value Week Ending Oct. 2 |
Transactions’ Value Week Ending Oct. 9 |
Weekly Variation |
Riyad |
3367.6 |
2881.1 |
(14%) |
Jeddah |
1678.1 |
1427.7 |
(15%) |
Dammam |
577.5 |
490.4 |
(15%) |
Al-Madinah |
406.1 |
332.1 |
(18%) |
Makkah |
371.2 |
305.4 |
(18%) |
Al Khobar |
349.6 |
296.8 |
(15%) |
Buraydah |
274.1 |
228.2 |
(17%) |
Tabuk |
229.9 |
173.2 |
(25%) |
Hail |
192.4 |
153.3 |
(20%) |
Abha |
163.4 |
132.8 |
(19%) |
Other cities |
3417.4 |
2736.6 |
(20%) |
Total |
11027.4 |
9157.7 |
(17%) |
Details and historical data of consumer spending
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