Sony have increased the prices of playstation 5 In some ‘selected’ regions, including Europe, the UK, Japan and Canada, to name a few others, and inflation is to blame for it.
“The global economic environment is a challenge that many of you around the world are undoubtedly experiencing. We are seeing high global inflation rates, as well as unfavorable currency trends, impacting consumers and putting pressure on many industries. are,” says Jim RyanPresident and CEO Sony Interactive Entertainment,
The recommended retail price for the PlayStation 5 console has been increased in select markets throughout Europe, the Middle East, Africa (EMEA), Asia-Pacific (APAC), Latin America (LATAM) and Canada.
The disc version of PlayStation 5 will now cost EUR 549.99 in Europe, while the price of PS5 The digital version has been increased to 449.99 euros. In the UK, the disc and digital versions of the PS5 will retail for £479.99 and £389.99. Prices for both versions have been increased by 50 euros in Europe while the UK sees a price increase of 20 pounds.
In the Asia-Pacific region, prices have been increased in Japan and China. In Japan, the disc version of the PS5 will retail for yen 60,478, and the digital version will come in at yen 49,478; Prices include taxes. In China, the digital and disc versions will be available for 4,299 Yuan and 3,499 Yuan.
There is currently no information on whether the prices will increase in India. We’ve reached out to Sony for comment, but we’re still awaiting a response from the company.
Meanwhile, Sony clarified that there will be no change in PS5 prices in the United States. However, if you live in Canada or Mexico you will have to pay more to get a PS5.
The disc version will now come at CAD 649.99, while the digital version will be available for CAD 519.99. There is an increase of CAD 20 for both versions. In Mexico, the PlayStation 5 will now retail for MXN 14,999 (disc version) and MXN 12,499 (digital version).
Jim Ryan says price increases are a “necessity” given the current global economic situation. He adds, “Our top priority continues to be to improve the PS5 supply situation so that more and more players can experience everything the PS5 has to offer and what is yet to come.”