22 Apr 2012

Drop in book prices noted

5:34 am on 22 April 2012

Changing tastes in literature may be the reason behind a drop in the retail price of books.

Recent Statistics New Zealand figures indicate the price of books fell by 14% in the March 2012 quarter.

Statistics New Zealand says a change in the types of books that make up the best-selling lists is partly responsible for the fall.

The index is based on the top10 adult novels, top 10 e-books and the top 10 children's titles, and the popularity of cheaper books makes a difference to the price of books overall.

Booksellers New Zealand chief executive Lincoln Gould says the drop may also be due to some publishers reducing their prices.