Sony announced that it is increasing the price of the Playstation 5 retail in select markets due to inflation and currency trends. In particular, the price in the United States will not be affected.
“The global economic environment is a challenging one that many of you around the world are no doubt experiencing,” says PlayStation CEO Jim Ryan in a statement. statement on the PlayStation Blog. “We are seeing high rates of global inflation, as well as adverse currency trends, impacting consumers and creating pressure on many industries.”
The price increase will affect both the digital and disc versions of the console. The new prices are as follows:
- PS5 with Ultra HD Blu-ray disc drive – 550 euros
- PS5 Digital Edition – 450 euros
- United Kingdom
- PS5 with Ultra HD Blu-ray Disc Drive – £480
- PS5 Digital Edition – £390
- Japan (as of September 15, 2022)
- PS5 with Ultra HD Blu-ray Disc Drive: 60,478 yen (including tax)
- PS5 Digital Edition – 49,478 yen (including tax)
- PS5 with Ultra HD Blu-ray Disc Drive – 4,299 yuan
- PS5 Digital Edition – 3,499 yuan
- PS5 with Ultra HD Blu-ray Disc Drive – $800 AUD
- PS5 Digital Edition – $650 AUD
- PS5 with Ultra HD Blu-ray Disc Drive – 14,999 Mexican pesos
- PS5 Digital Edition – 12,499 Mexican pesos
- PS5 with Ultra HD Blu-ray Disc Drive – $650 CAD
- PS5 Digital Edition – $520 CAD
The video game market has been hit hard due to the global shortage of semiconductors, which is undoubtedly one of the factors leading to this price increase. It’s uncertain if the price increase will eventually come to the US, as Sony can always change its mind in the future.
Sony isn’t the only company raising the price of its products, either. Meta raised the price of the Quest 2 by $100 last month. A few weeks ago, Nintendo confirmed that it would not increase the price of the Switch, while Microsoft has not publicly stated anything regarding the price of the Xbox Series X / S.