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‎POS weekly transactions fall to SAR 12.5B: SAMA

May 19, 2024
in Business
‎POS weekly transactions fall to SAR 12.5B: SAMA
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POS weekly transactions fall to SAR 12.5B: SAMA

POS device

Point-of-sale (POS) transactions in Saudi Arabia totaled approximately SAR 12.52 billion in the week ended May 11, down from nearly SAR 14.47 billion in the previous week.

For more POS data on Argaam Tools

The number of POS transactions reached about 204.1 million last week, according to data issued by SAMA.

POS transactions represent consumer expenditures through debit and credit cards at major shopping centers, retail outlets, pharmacies, and others.

Weekly POS Transactions

Week

Number of Transactions

(,000)

Value of Transactions
(SAR mln)

Change in Value

May 7- May 13

171464

10890.2

(6%)

May 14- May 20

160857

10092.0

(7%)

May 21- May 27

163445

10705.0

+6%

May 28- June 3

188590

13815.2

+29%

June 4- June 10

173918

11686.9

(15%)

June 11- June 17

175694

11651.8

(0.3%)

June 18- June 24

171662

12295.7

+6%

June 25- July 1

177776

12123.1

(1%)

July 2 – July 8

166489

11189.6

(8%)

July 9 – July 15

171246

10919.2

(2%)

July 16 – July 22

159618

10120.9

(7%)

July 23 – July 29

173387

11917.3

+18%

July 30 – Aug. 5

183645

12664.7

+6%

Aug. 6 – Aug. 12

178956

11969.1

(5%)

Aug. 13 – Aug. 19

172775

12020.6

+0.4%

Aug. 20 – Aug. 26

166097

11367.7

(5%)

Aug. 27 – Sept. 2

195602

13836.3

+22%

Sept. 3 – Sept. 9

180155

11326.9

(18%)

Sept. 10 – Sept. 16

181876

11186.1

(1%)

Sept. 17 – Sept. 23

173910

10869.2

(3%)

Sept. 24 – Sept. 30

191142

13624.6

+25%

Oct. 1 – Oct. 7

189423

12145.5

(11%)

Sept. 8 – Oct. 14

183772

11146.7

(8%)

Oct. 15 – Oct. 21

169962

10056.6

(10%)

Oct. 22 – Oct. 28

186331

12301.9

+22%

Oct. 29 – Nov. 4

193290

12779.8

+4%

Nov. 5 – Nov. 11

185865

11500.1

(10%)

Nov. 12 – Nov. 18

180221

11271.4

(2%)

Nov. 19 – Nov. 25

171930

11247.8

(0.2%)

Nov. 26 – Dec. 2

204688

14874.1

+32%

Dec. 3 – Dec. 9

187765

12067.1

(19%)

Dec. 10 – Dec. 16

186657

11637.5

(4%)

Dec. 17 – Dec. 23

171770

10701.7

(8%)

Dec. 24 – Dec. 30

198191

13989.3

+31%

Dec. 31 -Jan. 6

198013

13393.8

(4%)

Jan. 7-Jan.13

191673

12347.1

(8%)

January 14-Jan. 20

172823

10607.7

(14%)

Jan. 21-Jan. 27

178011

11039.9

+4%

Jan. 28-Feb. 3

204897

14327.4

+30%

Feb. 4-Feb. 10

188307

11873.1

(17%)

Feb. 11-Feb. 17

191200

11965.4

+1%

Feb. 18-Feb. 24

186346

12137.9

+1%

Feb. 25-March 2

212770

16209.2

+34%

March 3-March 9

206227

14768.8

(9%)

March 10-March 16

168615

11688.2

(21%)

March 17-March 23

160246

11461.0

(2%)

March 24-March 30

174062

14028.5

+22%

March 31-April 6

203174

16537.9

+18%

April 7-April 13

179221

11351.3

(31%)

April 14-April 20

171037

10138.8

(11%)

April 21-April 27

181035

10851.6

+7%

April 28-May 4

214543

14473.5

+33%

May 4-May 11

204102

12522.3

(13%)

Sales value declined in all sectors last week, led by the telecommunications sector with a 21% weekly increase, followed by the food & beverages sector and the hotels sectors with 19% each.

Consumer spending was focused on the F&B sector, totaling SAR 1.96 billion during the week. The restaurants and cafes sector followed with total POS transactions worth SAR 1.82 billion, as follows: 

POS Transactions by Sector (SAR mln)

Sector

Value of Transactions in Week Ended May 4

Value of Transactions in Week Ended May 11

Weekly Change

Telecommunications

134.3

105.6

(21%)

Food & Beverages

2421.6

1956.4

(19%)

Hotels

324.9

264.6

(19%)

Recreation & Culture

293.5

249.7

(15%)

Clothes & Footwear

814.4

695.3

(15%)

Miscellaneous Goods & Services

1803.9

1551.1

(14%)

Restaurants and Cafes

2090.5

1824.3

(13%)

Healthcare

945.9

831.0

(12%)

Transport

812.0

723.5

(11%)

Electronics and Electric Appliances

251.7

226.5

(10%)

Public Utilities

91.3

82.2

(10%)

Furniture

306.7

277.7

(9%)

Jewelry

278.5

252.5

(9%)

Fuel Stations

972.5

889.5

(9%)

Education

206.4

198.3

(4%)

Construction Materials

344.7

341.4

(1%)

Others

2380.9

2052.8

(14%)

Total

14473.5

12522.3

(13%)

Riyadh led in terms of POS value during the week with approximately SAR 4.27 billion, representing 34.07% of the total. Jeddah came in second with SAR 1.76 billion, as follows:

POS Transactions by City (SAR mln)

City

Value of Transactions in Week Ended May 4

Value of Transactions in Week Ended May 11

Weekly Change

Riyad

4714.3

4266.1

(10%)

Jeddah

1979.6

1762.9

(11%)

Dammam

677.3

639.1

(6%)

Madinah

551.0

462.7

(16%)

Makkah

545.3

462.0

(15%)

Al Khobar

393.2

371.8

(5%)

Buraidah

328.7

286.5

(13%)

Tabuk

314.4

246.3

(22%)

Hail

253.1

196.5

(22%)

Abha

197.4

160.0

(19%)

Other cities

4519.2

3668.2

(19%)

Total

14473.5

12522.3

(13%)

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Argaam EN – https://www.argaam.com/en/article/articledetail/id/1729079

Tags: business‎POSWeekly
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