Entertainment
Decision made due to “backdrop of a challenging economic environment, including high inflation and fluctuating exchange rates”
Sony Interactive Entertainment has announced price increases for the base PlayStation 5 in Europe, United Kingdom, Australia, and New Zealand, effective today.
In a blog post, SIE global marketing vice president Isabelle Tomatis said the decision came as a result of “a challenging economic environment.”
The price of the PS5 Pro remains unchanged.
“With a backdrop of a challenging economic environment, including high inflation and fluctuating exchange rates, SIE has made the tough decision to raise the recommended retail price of the PS5 console in select markets,” Tomatis wrote.
Prices will also rise in the Middle East and Africa (EMEA) region, but these changes aren’t listed. Instead, the firm recommends consumers in these areas to check with local retailers or at direct.playstation.com.
In Europe and the UK, the PS5 digital edition will now retail at €499.99/£429.99. There are no changes in price for the standard PS5 with disc drive in these regions.
In Australia and New Zealand, both editions of the console have experienced price rises.
The standard PS5 with disc drive will cost AUD $829.95/NZD $949.95 while the PS5 digital edition will retail at AUD $749.95/NZD $859.95.
The individual PS5 disc drive has decreased in price. In Europe and the UK, it will cost €79.99/£69.99 while in Australia and New Zealand, it will retail at AUD $124.95/NZD $139.95.
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Sophie McEvoy