Apple is about to increase the prices of its app in the iTunes app store, the company has informed developers of the price increases in certain countries.
The price increases for apps will come into effect in Russia, Canada, Norway, Iceland and the European Union. The increases are to take into account changes to VAT rates and also exchange rates.
Within the next 36 hours, prices on the App Store will increase for all territories in the European Union as well as in Canada and Norway, decrease in Iceland, and change in Russia. These changes are being made to account for adjustments in value-added tax (VAT) rates and foreign exchange rates.
It is not clear as yet on how much the cost of individual apps will increase by in each country, as soon as we get some more details, we will let you guys know.
Source 9 to 5 Mac
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