An 80 percent hike in clothing prices is on the way!

With the effect of the exchange rate in Turkey, the production cost of the enterprises increased more than twice as the raw material and supply prices increased. While this situation affected all sectors, one of them was the ready-made clothing sector. if today President of Turkish Clothing Manufacturers Association (TSGD) Industry representatives, including Ramazan Kaya, made statements showing that the coming days are not very heartwarming.

Speaking to Dünya newspaper, TGSD President Ramazan Kaya stated in his statement that the increases in inputs such as energy, commodities and especially labor were calculated as of February. Saying that the calculations started to be reflected on the price tags, Kaya said that there will be a 50%-60% difference in the label prices in the transition between winter and spring. Kaya, when we enter the summer price increase It will reach 80% by the end of 2021. told. Kaya’s statement was as follows:

Clothing prices will increase by 80% in the summer:

“With the summer, we will see price differences of up to 80 percent. That is, product prices by the end of 2021 will increase by 80 percent. We will see 50-60% differences in the mid-season as well.”

In addition to Kaya, TOBB Ready-to-Wear and Apparel Sector Assembly President Şeref Fayat made a statement. Saying that the price increases are much higher, Fayat complained about the inputs in the same way as Kaya. Fayat is the price of a plain colored t-shirt without any pattern. It should have doubled this summer compared to last summer. explained. He stated that the same is true in winters. He emphasized that a winter product of 100 units this year will be 200 units next winter.

Of course, let’s say that these predictions are based on the current situation…