BPI: CD Prices Continue To Show Declines In U.K.

New figures published by the British Phonographic Industry (BPI) confirm that the retail price of CDs has never been lower in the U.K.

New figures published by the British Phonographic Industry (BPI) confirm that the retail price of CDs has never been lower in the U.K.

According to the latest Music Buyers Survey, CD album prices in the 12 months to Sept. 30 averaged £10.40 ($18.14), a new low. The slide represents a 2.4% drop from the previous year. Average CD prices to U.K. consumers have dropped almost every quarter since the beginning of 2000.

Almost half the CD albums purchased cost less than £10 ($17.44).

During the 12 months, prices of CD singles slipped 6.4% from the previous year. The study notes that the recent move by the Official U.K. Charts Co. to allow chart eligibility for lower-priced two-track singles may erode prices further (Bulletin, Sept. 29).

The statistics are from research firm Taylor Nelson Sofres' Audio Visual Track Survey, which is based on a panel of 10,000 respondents interviewed every two weeks.
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