TOY prices will soar this Christmas, parents are being warned.

Barbie dolls are likely to cost an extra £10 while Transformers could jump by as much as 30 per cent.

Toy prices will soar this Christmas, parents are being warned

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Toy prices will soar this Christmas, parents are being warned

The rises — also hitting My Little Pony and Nerf guns — are blamed on problems getting products from China where 80 per cent are made.

A shortage of containers means it costs £14,480 to hire a 40ft one compared with £3,000 in 2019.

Ynon Kriez, boss of Barbie, Hot Wheels and Fisher-Price maker Mattel, warned: “We’ll be looking at increasing prices.”

Rival Hasbro, which makes Transformers, My Little Pony and Nerf, confirmed it was also raising prices.

Expert Peter Jenkinson predicts a Barbie Extra will cost £39.99 instead of £29.99 and a Scalextric Batman vs Joker £59.99, up from £49.99.

The Matchbox Maverick Top Gun Aircraft Carrier will leap £16.95 to more than £40.

Analyst Frederique Tutt said: “They’ve no choice.”

Barbie creates doll for Covid jab scientist Professor Sarah Gilbert

This post first appeared on thesun.co.uk

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