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According to the International Federation of the Phonographic Industry, vinyl sales have reached their highest point since 1997, despite a 5% decline in physical music sales. Via FACT:

Physical music sales overall declined by close to 5% as CD sales continued to fall: approximately 833 million CDs were sold in 2012, compared to 910 million in 2011. Cassette sales, meanwhile, fell to two million from five million in 2011, and before you get too hyped about the impressive vinyl sales, it’s worth remembering that vinyl versions of the latest Adele album flying out of Urban Outfitters doesn’t necessarily translate to small independent labels selling more vinyl units: even underground poster boy James Blake yesterday admitted that pre-sales of his second album Overgrown have been “hideous”.