Sony hikes PS5 prices in some markets, US consumers spared | kuwaittimes

Moscow, Russia - March 12 2021: Sony PlayStation 5 home video game console and game controller. New from Sony, wireless white PlayStation 5 against a dark background of the planet and space

Sony hikes PS5 prices in some markets, US consumers spared

By lenin

August 26, 2022 | 04:07 p.m EDT

Sony's PlayStation 5 is already notoriously difficult to find, and on Thursday the popular console's manufacturer said that it will also become more expensive for gamers in many parts of the world.

Sony Interactive Entertainment (SIE) has recommended raising the console's retail price in Europe, the United Kingdom, Japan, China, Australia, Mexico and Canada, the company's top official Jim Ryan said.

US consumers will be spared from the hikes, Ryan said, without providing further explanation.

The price rises will see a PS5 Digital Edition retail in Europe for 449.99 euros ($450), up from 399.99 euros.

The same console will be sold in the UK for 389.99 pounds ($462), up from 359.99 pounds, and in Japan for 49,478 yen ($363), up from 43,978 yen.

Sony blamed "high global inflation rates as well as adverse currency trends" for the price increases.

August 26, 2022 04:07 PM

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