Father’s Day shopping expected to total more than 1.5 bln liras

ANKARA

Confederation of Turkish Tradesmen and Craftsmen (TESK) President Bendevi Palandöken has said consumer spending for this year’s Father’s Day on June 21 is expected to be more than 1.5 billion Turkish Liras and that this amount will accelerate the Turkish economy.

Palandöken said in a written statement on June 19 that tradesmen and shopkeepers were ready for what is expected to be a hectic Father’s Day shopping season for many sectors, from textiles to consumer electronics, stressing there were affordable gifts available for everyone and people with different incomes should spend their money accordingly.

The spending for Father’s Day shopping has been far higher than those for other special days, Palandöken said. The spending amount is expected to excess 1.5 billion liras, he said, after 1.5 billion liras in spending last year and 1 billion liras in 2013. 

“People will help boost primarily the textile and consumer electronics sectors with their Father’s Day spending. Our tradesmen and shopkeepers have gotten prepared for this day, for which everyone is expected to spend on the basis of affordability,” he said.

Palandöken also said this weekend’s sales would be higher than those of usual days.

One-fourth of Father’s Day spending was in the consumer electronics and telecom sectors, he said, adding the most shopping was done in the Marmara and Central Anatolia regions of the country.