“Countries on the Euro, for example, are seeing a new minimum app prices of €0.89 ($1.15), up from €0.79 (approximately $1). Apple is also updating iTunes Connect to reflect the changes in currency calculations,” iPodNN reports. “More expensive apps have seen higher price increases, up to €1 for apps over the €6 mark.”
iPodNN reports, “While Apple hasn’t commented on the reason for the price increases, the fluctuation of the now-weaker Euro means that exchange rates have changed significantly over the last year, and the increases are likely adjustments to respond to that.”
Read more in the full article here.