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

Healthy food and drinks at the "Elixirs and Delicacies" exhibition in Veliko Tarnovo

Lovers of healthy, organic and vegan products will enjoy delicious and varied food and drinks at the first edition of the "Elixirs and Delicacies" exhibition, which opens today in Veliko Tarnovo. Leading producers and importers of quality food and..

published on 6/6/24 7:05 AM

What is the Type C Visa used for?

In a series of publications, Radio Bulgaria provides information to help foreigners coming to Bulgaria for various reasons. Visas are an issue that concerns people travelling around the world. Its answer depends on which country they are visiting and for..

published on 6/5/24 10:35 AM

Filton? It's a musical instrument

In 2009, Bulgarian Anton Orush started his collection dedicated to Bulgarian technology.  The exhibits include televisions, radios, appliances, computers, telephones, cash registers, etc. Gradually, this passion of his led him to start researching and..

published on 6/4/24 2:21 PM