Sony raises the price of the PS5 in Europe, Japan, and elsewhere
Sony is raising PS5 costs in the United Kingdom, Europe, Japan, China, Australia, Mexico, and Canada. Prices are rising by 10% in Europe and by roughly 6% in the UK, as inflationary pressures affect Sony and many other firms. While Sony is raising PS5 prices in many parts of the world, it has stated that there will be no price rise in the United States.
“We’re seeing high global inflation rates, as well as adverse currency trends, impacting consumers and creating pressure on many industries,” explains Jim Ryan, President, and CEO of Sony Interactive Entertainment.
The new prices take effect immediately, with the exception of the Japan hike, which takes effect on September 15th. While Sony is raising PS5 pricing, availability is still an issue in many areas. “Our primary focus is fixing the PS5 supply situation so that as many people as possible can enjoy everything that PS5 has to offer and what is still to come,” Ryan explains.