Toy Prices To Rise 10%

Toy Prices To Rise 10%

Toys will be 10% more expensive next year thanks the toy industry’s latest attempts to protect American children from defective merchandise. Toy makers will use the hike to offset the cost of retaining independent labs to both test for defective and dangerous toys, and provide a measure of PR security.

Consumers could also see higher prices on other Chinese imports such as fish and children’s apparel, but the big price gains in toys could be more jolting.