Amazon is raising its Prime prices nearly 17 percent, the first price increase for the membership since 2018.
The price for Amazon Prime's annual subscription will go from $119 to $139. The monthly subscription price will also rise, from $12.99 to $14.99.
The price change will take effect for new Prime subscribers on Feb. 18 and for current Prime members after March 25, Amazon said in a press release on Wednesday.
“With the continued expansion of Prime member benefits as well as the rise in wages and transportation costs, Amazon will increase the price of a Prime membership in the U.S.,” the press release reads.
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