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Bad news for UK toy collectors, though not really surprising, toy retail forecasters have been predicting that the UK retail prices will rise in the 2nd half of this year, blaming rising costs in manufacturing, raw materials and currency appreciation. The latest forecast comes from the head of Mattel UK, David Allmark. David has warned that UK prices are likely to rises by around eight per cent in the second half of the year.

Not all toy manufactures are predicting increased prizes, Vivid Imaginations recently announced that increased manufacturing prices in China would be absorbed by the company and not passed to retailers.

Hasbro Inc are yet to comment, but you can be sure we'll be keeping a close eye on this story over the rest of the year.

Category: Toy Industry News | Submitted by: Moonbug - on: Monday, 10th March 2008 at 13:28:25 GMT | Share: | Discuss: Read on

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