POS device
Point-of-sale (POS) transactions reached nearly SAR 12.30 billion in the week ended Oct. 28, compared to roughly SAR 10.06 billion in the week before, data issued by the Saudi Central Bank (SAMA) showed.
Data showed that about 186.33 million transactions were processed during the week.
POS transactions represent consumer spending using ATMs and credit cards in shopping malls, retail stores, pharmacies, etc.
The following table shows the weekly POS transactions:
Weekly POS Transactions
Week
Transactions (’000)
Value (SAR mln)
Weekly Change
Sept. 25 – Oct. 1
160613
12844.9
+23%
Oct. 2 – 8
154383
10819.8
(16%)
Oct. 9 – 15
151340
10265.2
(5%)
Oct. 16 – 22
138928
9513.2
(7%)
Oct. 23 – 29
156360
11687.2
+23%
Oct. 30 – Nov. 05
160288
11750.0
+1%
Nov. 06 – 12
154213
10601.1
(10%)
Nov. 13 – 19
145626
9799.2
(8%)
Nov. 20 – 26
142629
10022.1
+2%
Nov. 27 – Dec. 03
171207
13681.5
+37%
Dec. 04 – 10
153088
11050.4
(19%)
Dec. 11 – 17
155366
10739.3
(3%)
Dec. 18 – 24
142409
9742.2
(9.3%)
Dec. 25 – 31
168373
13456.6
+38%
Jan. 1- 7, 2023
157175
11173.8
(17%)
Jan. 8- 14
155827
10673.8
(4%)
Jan. 15- 21
144764
9713.0
(9%)
Jan. 22- 28
141095
10105.4
+4%
Jan. 29- Feb. 4
167916
12020.5
+19%
Feb. 5- 11
160761
10912.3
(9%)
Feb. 12- 18
152195
10347.3
(5%)
Feb. 19- 25
147813
10399.4
+1%
Feb. 26- March 4
182044
14574.1
+40%
March 5- 11
174654
13209.3
(9%)
March 12- 18
163255
11999.2
(9%)
March 19- 25
146312
11040.4
(8%)
March 26- April 1
150207
12704.2
+15%
April 2- 8
153826
12580.8
(1%)
April 9- 15
156734
13039.3
+4%
April 16- 22
153692
12004.0
(8%)
April 23- 29
155411
10377.6
(14%)
April 30- May 6
172577
11592.9
+12%
May 7- 13
171464
10890.2
(6%)
May 14- 20
160857
10092.0
(7%)
May 21- 27
163445
10705.0
+6%
May 28- June 3
188590
13815.2
+29%
June 4- 10
173918
11686.9
(15%)
June 11- 17
175694
11651.8
(0.3%)
June 18- 24
171662
12295.7
+6%
June 25- July 1
177776
12123.1
(1%)
July 2 – 8
166489
11189.6
(8%)
July 9 – 15
171246
10919.2
(2%)
July 16 – 22
159618
10120.9
(7%)
July 23- 29
173387
11917.3
+18%
July 30- Aug. 5
183645
12664.7
+6%
Aug. 6 – 12
178956
11969.1
(5%)
Aug. 13-19
172775
12020.6
+0.4%
Aug. 20-26
166097
11367.7
(5%)
Aug. 27- Sept.2
195602
13836.3
+22%
Sept. 3- 9
180155
11326.9
(18%)
Sept. 10- 16
181876
11326.9
(1%)
Sept. 17-23
173910
10869.2
(3%)
Sept. 24-30
191142
13624.6
+25%
Oct. 1-7
189423
12145.5
(11%)
Oct. 8-14
183772
11146.7
(8%)
Oct. 15-21
169962
10056.6
(10%)
Oct. 22-28
186331
12301.9
+22%
Most sectors reported positive performance, led by clothes and footwear which grew on a weekly basis by 38%, followed by education and telecommunications (30% each), and food and beverages (29%).
Consumer spending focused on the food and beverages sector for the week, with nearly SAR 2.14 billion, followed by the restaurants and cafes sector with SAR 1.8 billion.
POS Transactions by Sector (SAR mln)
Segment
Transactions Value in Week
Ended Oct. 21
Transactions Value in Week
Ended Oct. 28
Weekly Change
Clothes & Footwear
537.3
742.0
+38%
Education
82.3
107.3
+30%
Telecommunications
83.5
108.9
+30%
Food & Beverages
1657.1
2141.7
+29%
Transport
626.2
789.4
+26%
Miscellaneous Goods & Services
1130.5
1363.0
+21%
Electronics & Electric Appliances
192.6
229.4
+19%
Restaurants & Cafes
1530.0
1804.4
+18%
Hotels
265.1
311.2
+17%
Furniture
239.2
278.8
+17%
Public Utilities
106.7
124.1
+16%
Recreation & Culture
225.5
259.8
+15%
Fuel Stations
711.8
817.0
+15%
Healthcare
703.3
804.9
+15%
Construction Materials
325.3
345.9
+6%
Jewelry
174.2
182.5
+5%
Others
1465.9
1891.6
+29%
Total
10056.6
12301.9
+22%
Riyadh led in terms of POS transactions’ value, accounting for nearly SAR 4.15 billion, or 34%, of the total. Jeddah came in second with SAR 1.58 billion, as shown below:
POS Transactions by City (SAR mln)
City
Transactions Value in Week Ended Oct. 21
Transactions Value in Week Ended Oct. 28
Weekly Change
Riyadh
3441.8
4146.3
+21%
Jeddah
1427.9
1584.1
+11%
Dammam
519.8
608.2
+17%
Makkah
400.2
478.1
+20%
Madinah
380.6
471.6
+24%
Al Khobar
302.9
349.1
+15%
Buraidah
240.4
290.3
+21%
Tabuk
186.0
249.9
+34%
Hail
156.5
213.5
+36%
Abha
126.7
159.3
+26%
Other cities
2873.8
3751.6
+31%
Total
10056.6
12301.9
+22%
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