Toy prices are rising

The ONS has reported that the price of games, toys, craft kits and computer games has increased in the UK during lockdown

Written by Georgie Dobie

Posted 20.05.2020 | Retail

Toy prices are rising thumbnail

The prices of games and toys rose in March, says the Office for National Statistics (ONS).

The UK’s inflation rate fell to the lowest since August 2016 in April, as the outbreak of Covid-19 impacted the economy.    

The Consumer Prices Index (CPI), a measure of consumer price inflation, decreased to 0.8 per cent from 1.5 per cent in March.  

But, “while the coronavirus limited the availability of some goods and services, its effect on prices was more muted,” said Jonathan Athow, deputy national statistician for economic statistics at the ONS. 

Goods that were increasing in price, included recreational and cultural goods, as demand rose for products that could keep the nation occupied and entertained at home during lockdown. 

The ONS said that games, toys, computer games consoles, pre-school activity toys, craft kits, dolls, construction toys, and sit and ride toys all rose in price between March and April. 

It was reported that recreational and cultural goods accounted for the largest contribution to the inflation rate in April 2020, resulting in a partially offsetting upward contribution to change in inflation rate between March and April.  

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