For the first time in company history, Amazon will charge some sellers a 5% fuel and inflation surcharge.
The e-commerce giant said the new fee will begin April 28 and is being imposed because inflation has worsened significantly in recent months."In 2022, we expected a return to normalcy as Covid-19 restrictions around the world eased, but fuel and inflation have presented further challenges," Amazon wrote in memo that was provided to CNN by the company.
The fee hike is the latest example of how businesses are reacting to spiking energy and other costs. Uber and Lyft recently began tacking on temporary fuel surcharges to rides and airlines have been raising airfare.Read MoreAmazon's fee hikes on sellers could translate to higher costs to consumers as businesses seek to pass along rising expenses to their customers.Suppliers sharply raised prices by 11.
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