This Sunday, June 19throughout the Argentine Republic, Father’s Day is celebratedand true to tradition, the children take advantage of the occasion to honor them.
At the same time, this date is one of the most anticipated by merchants from different areaswhich see their sales increase remarkably.
What are the most chosen gifts this Father’s Day?
Of course, the most common “tastes” of every father can revolve around clothes, food, tools, among many other categories, and this Father’s Day is no exception.
According to information provided by the Focus Market consultancy, the most chosen category of buyers to give to their parents is the clothing.
Likewise, another popular category was computing, closely followed by cell phones. Also added are the drinks, with wines and spirits being the great protagonists.
At the same time, other products were also chosen as gifts. Here they are listed: tools, footwear, items for the home and private use, sporting goods, gifts, leather goods, perfumes, jewelry, watches and experiences.
What was the average expense this Father’s Day?
So far, and also based on data from the consultancy Focus Market, the average expense this Father’s Day was $3,500.
Damián Di Pace, director of the Focus Market Consultant, expressed: “Father’s Day is the first special date of the year. While there are many offers, promotions and discounts, there is concern that credit card limits are not being adjusted for inflation. Although deposits in banks increase even above inflation, this is not transferred to loans and private credit, since that liquidity is in Leliqs and repos to finance the State”.
Meanwhile, it was also noted that online sales were a great alternative for buyersand many of them opted for this modality to obtain the product they were looking for.