Düsseldorf (dpa/lnw) – Because of the ongoing energy crisis in the wake of the Russian attack on Ukraine, the toy industry is expecting prices to rise in the Christmas business. “The increases by the manufacturers should average around five to six percent,” said Ulrich Brobeil, managing director of the German Association of the Toy Industry (DVSI), the Düsseldorf “Rheinische Post” (Monday).
According to Brobeil, in a representative survey of the 215 member companies, 83 percent also see price increases as an option in addition to savings in energy costs. For 45 percent, the business is “strongly to very badly” endangered, 38 percent of those surveyed see it as “moderately” threatened. There could be delivery problems with individual items because parts from Asia were missing. However, there are no general delivery problems.
