The Boston Globe has announced it will raise its newsstand prices from 75 cents to $1 in the Boston area and from $1 to $1.50 outside the city, The Associated Press reported.

The cost of the Sunday Globe will rise from $2.50 to $3.50 in the metropolitan area and to $4.00 elsewhere. Fees for home delivery will reportedly remain unchanged. The price hikes are in response to The New York Times Co.'s mandate that the publication's union concede to $20 million in cutbacks and savings. The Times Co. bought the New England Media Group, of which the Globe was the top publication, for $1.1 billion in 1993.