In the last few years, the price of toys has increased significantly. For this rise there are three reasons.
First of all, there are the high oil prices that not only increase transportation and energy costs, but of course also the derived products of oil, namely plastic and rubber, became more expensive.
The increased wages of the Chinese people, caused by the latest Olympic Games, also affect the price because 80% of the toys sold in Belgian Shops are made in China.
After having found forbidden substances in finished products, lots of product lines had to be inspected and adapted. This higher level of safety measures by the Chinese government is also a reason for the price up.
Lieselot D'hoop
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