PS5 Prices Rise In Europe, UK And Australia, U.S. May Be Next

Image by Nikita Kostrykin, from Unsplash

PS5 Prices Rise In Europe, UK And Australia, U.S. May Be Next

Reading time: 2 min

Sony has raised PlayStation 5 prices in several countries, citing inflation and currency issues, experts warn U.S. price hikes could follow soon.

In a rush? Here are the quick facts:

  • Sony raised PS5 Digital Edition prices in UK, Europe, Australia, and New Zealand.
  • Standard PS5 prices increased only in Australia and New Zealand.
  • PS5 Pro prices remain unchanged across all markets.

Sony has increased the price of its PlayStation 5 Digital Edition in the UK, Europe, Australia, and New Zealand, blaming “a challenging economic environment” for the hike.

The Digital Edition will now cost £429.99 in the UK and €499.99 in Europe—up from £389.99 and €449.99, as reported by CNBC. This marks the second major price rise in these regions since 2022.

The price increases affect both the Digital and standard disc-drive versions in Australia and New Zealand. The standard PS5 and the newer PS5 Pro are spared from price increases in Europe and the UK, keeping its current price in all markets. Sony also reduced the price of its attachable disc drive accessory slightly, as reported by The Verge.

The price hikes come as global inflation and currency fluctuations continue to strain tech companies. Sony explained it made the “tough decision” due to “high inflation and fluctuating exchange rates,” though it didn’t mention the newly imposed U.S. tariffs that are also likely contributing to rising costs.

President Trump recently announced “reciprocal tariffs” on over 180 countries, including a 145% tariff on game consoles imported from China—where Sony manufactures most PS5 units, as reported by PCMag. These tariffs don’t apply to smartphones, but consoles haven’t been exempted, and analysts believe U.S. prices will rise soon.

“I would be very surprised if Sony was able to keep the PlayStation prices in the US stable,” said Serkan Toto, CEO of Tokyo-based Kantan Games, as reported by CNBC. “Now is the ‘right’ time for the company to hike prices because user backlash would be comparably limited, he added.”

Did you like this article? Rate it!
I hated it I don't really like it It was ok Pretty good! Loved it!

We're thrilled you enjoyed our work!

As a valued reader, would you mind giving us a shoutout on Trustpilot? It's quick and means the world to us. Thank you for being amazing!

Rate us on Trustpilot
0 Voted by 0 users
Title
Comment
Thanks for your feedback
Loader
Please wait 5 minutes before posting another comment.
Comment sent for approval.

Leave a Comment

Loader
Loader Show more...