Istanbul, Turkey – Turkish publishers are increasingly struggling to release new books and face agonising choices to survive amid the country’s economic crisis, according to some of Turkey’s most prestigious publishing houses.
Turkey’s rampant inflation, which officially reached 70 percent in May, has weakened the purchasing power of Turkish bookworms.
Meanwhile, with the Turkish lira slumping to record lows, books are becoming much costlier to produce.
According to February 2022 data from the Statistics Institute of Turkey, the annual increase in paper prices was a record 168 percent.
“We have to decide almost daily which titles to kill, or at least postpone indefinitely, because we have only so much paper”, Cem Akas, editor-in-chief at Can Publishing...
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