POS transactions hit SAR 9.05 bln in week ending Dec. 18: SAMA

22/12/2021 Argaam Special

Electronic payment device


The point-of-sale (POS) transactions fell 10% to SAR 9.05 billion in the week ending Dec. 18, from SAR 10.01 billion in the previous week, data issued by the Saudi Central Bank (SAMA) showed.  

   

Data showed that 113.1 million transactions were processed in the week ending Dec. 18.  

  

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

   

The following table shows the weekly development of POS transactions: 

 

Weekly POS Transactions  

Week  

Number of Transactions (’000)  

Value of Transactions
(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%)

Sept. 12-18  

104519

8373.1

(7%)

Sept. 19-25  

103627

8852.0

+6%

Sept. 26- Oct. 2  

119137

11027.4

+25%

Oct. 3-9 

113012

9157.7

(17%)

Oct. 10-16 

111255

8679.0

(5%)

Oct. 17-23 

102766

8021.9

(8%)

Oct. 24-30 

118497

10345.0

+29 %

Oct. 31- Nov. 6 

118141

10003.1

(3%)

Nov. 7-13 

115481

9173.8

(8%)

Nov. 14-20 

107843

8459.4

(8%)

Nov. 21-27

112231

9418.4

+11%

Nov. 28- Dec. 4

129984

12059.1

+28%

Dec. 5-11

120149

10010.9

(17%)

Dec. 12-18

113088

9048.2

(10%)

 

 

All sectors witnessed a decline in POS transactions during the week ending Dec. 18, except for hotels’ sector, which rose by 2%. 

 

Education sector led the declines by 36%, followed by telecommunications and recreation and culture sectors falling by 22% and 17%, respectively. 

 

Consumer spending focused on the food & beverages sector in the week, with nearly SAR 1.30 billion, followed by the restaurants & cafes sector with SAR 1.28 billion.  

 

The following table gives details of consumer spending in each sector:

 

POS Transactions by Sector (SAR mln)

Segment

Transaction Value Week Ending Dec. 11

Transaction Value Week Ending Dec. 18

Weekly Variation

Education

216.3

138.0

(36%)

Telecommunications

110.4

85.8

(22%)

Recreation & Culture

297.4

247.1

(17%)

Electronics & Electric Appliances

276.9

242.8

(12%)

Food & Beverages

1,462.5

1,282.9

(12%)

Clothes & Footwear

803.8

706.4

(12%)

Public Utilities

73.5

65.4

(11%)

Miscellaneous Goods & Services

998.9

897.9

(10%)

Healthcare

702.2

643.0

(8%)

Transport

519.2

484.8

(7%)

Furniture

349.7

328.5

(6%)

Fuel Stations

627.9

590.3

(6%)

Restaurants & Cafes

1,385.6

1,302.9

(6%)

Jewelry

210.3

198.7

(6%)

Construction Materials

396.3

380.7

(4%)

Hotels

195.2

199.2

+2%

Other

1,384.8

1,254.0

(9%)

Total

10,010.9

9,048.2

(10%)

 

 

Riyadh topped the POS transactions by cities in terms of value with nearly SAR 2.98 billion, representing 33% of the total sales. Jeddah came second with SAR 1.43 billion.

 

POS Transactions by City (SAR mln)

City

Transaction Value Week Ending Dec. 11

Transaction Value Week Ending Dec. 18

Weekly Variation

Riyadh

3,208.0

2,984.3

(7%)

Jeddah

1,552.9

1,429.0

(8%)

Dammam

538.5

486.0

(10%)

Madinah

364.5

327.3

(10%)

Makkah

338.2

311.1

(8%)

Al Khobar

318.0

297.6

(6%)

Buraydah

249.0

221.5

(11%)

Tabuk

185.6

161.5

(13%)

Hail

167.3

140.5

(16%)

Abha

129.3

116.9

(10%)

Other Cities

2,959.6

2,572.6

(13%)

Total

10,010.9

9,048.2

(10%)

 

 

 

Details and historical data for consumer spending

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