POS transactions hit SAR 10.5 bln in week ending Jan. 29: SAMA

02/02/2022 Argaam Special
POS device

POS device


The point-of-sale (POS) transactions reached SAR 10.45 billion in the week ending Jan. 29, from SAR 8.77 billion in the previous week, data issued by the Saudi Central Bank (SAMA) showed.  

   

Data showed that 125.2 million transactions were processed in the week.  

  

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)  

Change in Value  

Jan. 17- 23, 2021

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%)

Dec. 19- 25

107557

8646.2

(4%)

Dec. 26- Jan. 1, 2022

132018

11839.9

+37%

Jan. 2- Jan. 8

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%

 

 

All sectors witnessed a rise in POS transactions during the week, led by telecommunications sector with a 38% increase. It was followed by food & beverages and jewelry sectors, with increments of 35% and 28%, respectively.

 

Consumer spending focused on the food & beverages sector in the week, with nearly SAR 1.73 billion, followed by the restaurants & cafes sector with SAR 1.43 billion.  

 

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

 

POS Transactions by Sector (SAR mln)

Segment

Transaction Value Week Ending Jan. 22

Transaction Value Week Ending Jan. 29

Weekly Change

Telecommunications

79.4

109.8

+38%

Food & Beverages

1276.4

1727.7

+35%

Jewelry

156.2

199.5

+28%

Miscellaneous Goods & Services

854.4

1040.5

+22%

Transport

450

549.2

+22%

Fuel Stations

561.2

664.8

+19%

Restaurants & Cafes

1197.0

1426.2

+19%

Healthcare

657.9

776.2

+18%

Public Utilities

62.3

73.2

+18%

Recreation & Culture

274.5

319.7

+17%

Electronics & Electric Appliances

228.4

265.4

+16%

Furniture

275.3

312.5

+14%

Hotels

156.0

170.7

+9%

Construction Materials

361.6

381.6

+6%

Education

198.1

207.4

+5%

Clothes & Footwear

738.4

740.6

+0.3%

Other

1,246.9

1,483.8

+19%

Total

8,774.0

10,448.9

+19%

 

 

 

Riyadh topped the POS transactions by cities in terms of value with nearly SAR 3.20 billion, representing 31% of the total sales. Jeddah came second with SAR 1.58 billion.

 

POS Transactions by City (SAR mln)

City

Transaction Value Week Ending Jan. 22

Transaction Value Week Ending Jan. 29

Weekly Change

Riyadh

2,779.6

3,204.2

+15%

Jeddah

1,410.5

1,580.2

+12%

Dammam

486.7

561.1

+15%

Madinah

322.4

384.7

+19%

Makkah

294.2

362.1

+23%

Al Khobar

283.4

318.5

+12%

Buraydah

227.6

262.9

+16%

Tabuk

156.4

213.6

+37%

Hail

137.1

180.6

+32%

Abha

113.8

140.3

+23%

Other Cities

2,562.4

3,240.7

+ 26 %

Total

8,774.0

10,448.9

+19%

 

 

 

Details and historical data of consumer spending  

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.