With Rising Inflation, Children Only Able To Gift Single Sock For Father’s Day
Business - Fathers expecting their traditional pair of socks today will be disappointed, as the rising cost of living means most Canadian children are only able to afford one single sock this year. With the increase in fuel costs impacting shipping and a global shortage of novelty wool, retailers across the country were left with minimal sock supplies and forced to sell loose socks at an exorbitant price. That paired with the general increase of the cost of living meant many children could not buy their traditional pair of socks they were accustomed to. Father’s day that hopefully for Christmas their children can afford to purchase them the second sock to complete the pair.