Early 2010 UK Book Sales Down, No VAT Planned for Books

In Global Trade Talk by Edward Nawotka

In the UK, the Publishers Association’s data collection scheme, PA Sales Monitor (PASM) reports that book sales from January to March, compared with last year, grew “marginally by volume from 84.3m to 84.4m units, but the valuefell  by 3.3% from £287m to £278m.

Export  sales actually grew in value by 2.4% from £196m to £201m, while volume sales decreased by 4.5% from 54.2m to 51.8m units.

Total volume sales of participating companies decreased slightly by 1.7% from January to March 2010 over 2009, from 139m to 136m units, while value sales fell marginally by 1.0% from £483m to £479m.

In another bit of news, despite a general VAT increase from 17.5% to 20%, the government has also opted not to impose VAT on books, a move that would have likely stifled sales even further.

About the Author

Edward Nawotka

A widely published critic and essayist, Edward Nawotka serves as a speaker, educator and consultant for institutions and businesses involved in the global publishing and content industries. He was also editor-in-chief of Publishing Perspectives since the launch of the publication in 2009 until January 2016.