Microsoft is announcing several steps to ensure greater price harmonization for their cloud products across the globe. This will ensure that all their customers worldwide have more closely aligned pricing compared to the USD rate. These updates will be performed semi-annually.
That is why on April 1, 2023, we will adjust Microsoft Cloud prices in EUR, GBP, SEK, NOK, DKK to adjust for local currency fluctuations and move towards more consistent global pricing.
How much will prices change?
British Pound (GBP) prices will increase by 9% from the 1st April 2023.
What prices are impacted?
New or renewing Microsoft Cloud license program contracts will adjust to the new revised prices starting April 1, 2023. For business customers, these changes will not affect existing orders under commercial licensing agreements for products that are subject to price protection.
What prices are NOT impacted?
Azure in Microsoft Customer Agreement will not be affected due to US dollar pricing with monthly updated billing FX rates.
Impact for the CSP Licensing Program
Azure and Seat-based offers in legacy CSP and Seat-based offers in new commerce are impacted by the April 1, 2023 pricing adjustment. Azure in new commerce CSP is in USD and is not impacted.
Azure Reserved Instances - The price changes will have no impact on individual Reserved Instances that have already been purchased Azure RI prices will be adjusted on April 1, 2023, for all new or additional purchases.
You can find Microsoft's announcement here