Bookstores Ask to Declare Emergency for the Sector Due to a Fall of 41.5% of the Turnover
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The sector calls for measures to address the impact of the decline on sales and turnover.
The Argentine Federation of Bookstores warned of a severe deterioration in the sector and called for fiscal relief, financing and logistical subsidies in the face of a decline in sales.
A study by the Federación Argentina de Librerías, Papelerías y Afines (FALPA) recorded 25% less sales in books.
The Argentine Federation of Bookstores, Stationeries and Related Industries declared the “bookshop emergency” throughout the country. Compared to the same period of 2023, the sold copies fell 25% and the actual turnover collapsed 41.5%: for every $100 they entered three years ago, today $58.5. The costs of logistics, communications and services rose 31.1% in real terms.
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