Due to the pandemic, conditions got worse in book-shops and publishing houses in 3Q2021 compared to 2Q2021. Imposed restrictions on the traffic, which are already lifted, has made significant loss to the book-shops.
“It is very difficult to have a profit as well as maintain the business”, - Bookmark Books in Vake declares. The book-shop explains that the rising prices on printing and raw materials, as well as foreign literature have a hard impact on the shop. Bookmark Books in Vake notes, that prices are slightly grown.
"Earlier, if foreign books cost EUR 10, now their price totals to EUR 12. Consequently, when we bought a foreign language book, the exchange rate was completely different. On average, the price increase is at least 30%," - said Mariam Kikacheishvili, the founder of Bookmark Books in Vake.
According to Geostat, the price of books in August 2021 increased by 2.5% compared to the same period last year.
