Allen Press, a scholarly journal publisher, has released its 2010 Study of Subscription Prices for Scholarly Journals. Price trends for journals were based on a group of approximately 250 publications appearing in the Allen Press Buyer’s Guide to Scientific, Medical, and Scholarly Journals TM.
Among the findings outlined in the report:
- Since 1989, prices for US society journals have increased, on average, 7.3% annually.
- For each of the past three years, average price increases for US-based journals have hovered around 6%, more than a full percentage point lower than the historical average.
- The average price increase of non-US-based journals was nearly a full percentage point higher than US-based journals.
- Most of the titles in the study are peer-reviewed journals. Prices of peer-reviewed titles increased by an annual average of 6.5% from 2009 to 2011.
- In all years since 1989, increases in journal prices are higher than the increase in the Consumer Price Index.
The report details efforts by library organizations and libraries to control costs due to increased subscription costs and diminishing library budgets. It also documents the Medical Library Association’s efforts to assemble a list of publishers that have frozen 2011 prices at 2010 levels.
Executive Director of Libraries