POS weekly transactions hit SAR 8.8 bln: SAMA

25/05/2022 Argaam Special


The point-of-sale (POS) transactions reached SAR 8.81 billion in the week ended May 21, from SAR 9.32 billion in the previous week, data issued by the Saudi Central Bank (SAMA) showed.

 

Data showed that 124.2 million transactions were processed in the week.  

  

POS transactions represent what is spent by consumers using ATM 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  

May 16- 22, 2021

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%

Jan. 30- Feb. 5

129020

10548.4

+1%

Feb. 6-12

122877

9326.1

(12%)

Feb. 13-19

118885

8819.1

(5%)

Feb. 20-26

120587

9407.8

+7%

Feb. 27-March 5

139521

12018.0

+28%

March 6-12

135386

10807.9

(10%)

March 13-19

128050

10735.3

(0.6%)

March 20-26

128246

10667.8

(0.6%)

March 27- April 2

153351

14051.5

+32%

April 3-9

110387

9640.0

(31%)

April 10-16

114444

9990.8

+4%

April 17-23

112462

10424.4

+4%

April 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%)


All sectors witnessed a decline in POS transactions during the week, except for furniture, and, construction & building materials sectors, which rose by 2% and 1%, respectively.

 

Education sector saw the steepest decline by 19%, followed by clothing & footwear, and, telecommunications sectors by 9% and 8%, respectively.

 

Consumer spending focused on the restaurants & cafes sector in the week, with nearly SAR 1.32 billion, representing 15% of total sales, followed by the food & beverage sector with SAR 1.31 billion.  

 

Below table highlights consumer spending in each sector:

 

POS Transactions by Sector (SAR mln)

Sector

Transaction Value Week Ended May 14

Transaction Value Week Ended May 21

Weekly Change

Education

130.5

106.0

(19%)

Food & Beverages

1434.6

1305.9

(9%)

Telecommunications

77.4

71.6

(8%)

Jewelry

224.7

209.8

(7%)

Miscellaneous Goods & Services

1013.9

944.9

(7%)

Recreation Culture

221.2

207.2

(6%)

Restaurants & Cafes

1403.5

1323.5

(6%)

Gas Stations

643.0

610.1

(5%)

Clothing & Footwear

482.6

465.6

(4%)

Electronic & Electric Appliances

221.2

214.1

(3%)

Health

689.3

670.1

(3%)

Transportation

577.0

558.8

(3%)

Public Utilities

79.6

76.9

(3%)

Hotels

185.6

183.3

(1%)

Construction & Building Materials

352.4

355.0

+1%

Furniture

239.1

244.3

+2%

Other

1,342.8

1,263.6

(6%)

Total

9,318.6

8,810.7

(5%)

 
 

 Riyadh topped the POS transactions by cities in terms of value, with nearly SAR 2.81 billion, representing 32% of the total sales. Jeddah came second with SAR 1.40 billion.

 

POS Transactions by City (SAR mln)

City

Transaction Value Week Ending May 14

Transaction Value Week Ending May 21

Weekly Change

Riyadh

2,860.9

2,811.6

(2%)

Jeddah

1,485.1

1,404.9

(5%)

Dammam

515.6

497.5

(4%)

Madinah

344.6

314.7

(9%)

Makkah

318.6

299.4

(6%)

Al Khobar

299.6

290.4

(3%)

Buraydah

235.2

221.2

(6%)

Tabuk

172.9

156.2

(10%)

Hail

156.6

140.6

(10%)

Abha

134.5

125.1

(7%)

Other Cities

2,794.9

2,549.0

(9%)

Total

9,318.6

8,810.7

(5%)

 

 

  

 

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.