Fujifilm has announced an upcoming price increase that will be applied to photographic papers starting this October. The company says it expects the price increase will be ‘of at least [a] double digital percent,’ though a specific percentage has not been provided at this time. The price change will be implemented across the globe.

The company cites a decrease in demand for photographic papers as the cause, saying that while it has made changes to its production to deal with a 'rising expense ratio,' it expects that demand will continue to decrease in the future, necessitating a price increase.

Via: Fujifilm