Book ends? Paper price hikes put book industry at risk
As Tamara Ceferatti arrived back in the city after two weeks on holiday, she sat to update the prices at her bookshop. Stunned, she noticed that all her suppliers had hiked their prices by around a third.
“Prices change at the start of each month, but this time it’s massive: large and small publishers alike have raised their prices due to the cost of paper,” said Ceferatti, addressing an issue that’s been troubling her, like everyone in the book industry supply chain, for over six months.
The price increase is directly passed on to the cover price, she says – and that, in turn, is hitting sales. “A few months ago, our customers would buy five books per month – now, they just buy one.” Read More…