Andre Yoskowitz
11 Jan 2015 20:27
Thanks to changes in exchange rates and local rates, Apple has raised the minimum app prices for the App Store in Canada and most of Europe.
The new minimum prices are $1.19 CAD (Canadian dollars), .79 euro or .99 British pounds.
Apple said the price change is in effect for "all territories in the European Union as well as in Canada and Norway, decrease in Iceland, and change in Russia."
The EU recently passed a new law that adds a 6.5 percent "digital tax" on apps, ebooks, movie downloads and MP3s, so the increase was widely expected. In Canada and Russia, the local currencies have depreciated significantly against the US Dollar, so changes in those nations were expected, as well.
Apple made similar changes last year in Australia, India, Indonesia, South Africa, and Turkey as currencies fluctuated.
Source:
Verge