Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Crisis causes 30-percent decline in book sales

Photo: BGNES

The decline of book sales in 2020 has reached 30 percent, according to a survery by the Bulgarian Book Association. More than half of respondents in the industry say April was the month with the lowest revenue, followed by May. During this period, the decline in sales was between 50% to 70%. 

Booksellers believe that the 9% VAT on books should become a permanent measure. A significant part of the respondents - 72%, say that they have only partially managed to resume their activities after the severe blow to the book business. 18% continue to experience great difficulties. 30% of bookstore owners have  been forced to lay off employees. 

64% of respondents say that they have seen a rise only in revenues from online sales, BGNES reported. 



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

The city of Plovdiv bursts with life as the Station Street Festival kicks off

The emblematic Ivan Vazov Street in Plovdiv, Bulgaria's second largest city, will come alive from September 5 to 8 for another edition of the Station Street Festival. The programme includes concerts, gaming zones, a fantastic cosplay show and competition,..

published on 9/5/24 8:35 AM

The Most Delicious Fish Soup and wine offered at festival in Burgas

The 5th Fish and Wine Festival is being held in the Black Sea city of Burgas from today until 8 September. Residents and guests of the city will enjoy a variety of culinary specialities and wines, a musical programme and other entertainment.  The..

published on 9/5/24 7:55 AM

The town of Madzharovo hosts the Vulture Festival

Games, film screenings, bird watching and outdoor concerts are just some of the events within the Seventh edition of the Vulture Festival, which will be held from September 6 to 8 in the town of Madzharovo. The event will mark the International Vulture..

published on 9/1/24 8:10 AM