Spotify said on Monday it would increase monthly price of its premium individual subscription in select markets from September, as the Swedish streaming giant looks to improve margins.

Spotify announced on Monday that its premium subscription prices will increase for users in multiple markets across the Middle East, Africa, Europe, Latin America, and the Asia-Pacific region. Over the next month, impacted subscribers will receive an email explaining that their monthly subscription cost will increase from 10,99 € to 11,99 €.

Spotify has revealed that it'll be boosting Premium prices in a number of select markets, including Europe, South Asia, the Middle East, Africa, Latin America and the Pacific, but it's yet to be specific on individual countries.