Sony announces PlayStation 5 price increases in UK, Europe, and beyond

Sony announces PlayStation 5 price increases in UK, Europe, and beyond

Sony Adjusts PlayStation 5 Pricing Across Multiple Regions

Sony has recently implemented pricing adjustments for its PlayStation 5 console in various markets, although not all models will be affected. These changes primarily impact regions including Europe, the United Kingdom, Australia, and New Zealand, with additional unspecified increases noted for the Middle East and Africa.

Details of the Price Increases

Effective immediately, the PlayStation 5 Digital Edition in the UK has seen a price increase of £40, bringing the total to £429.99. Similarly, prices in Europe have risen by €50 for the Digital Edition, now priced at €499.99. Notably, the Standard model will remain at its current price in both of these regions. However, the Standard and Digital Editions will both experience price hikes in Australia and New Zealand, as detailed in the table below:

Region Pricing
Europe PS5 Digital Edition – €499.99 (No changes for the Standard PS5 with Ultra HD Blu-ray)
UK PS5 Digital Edition – £429.99 (Standard PS5 with Ultra HD Blu-ray remains unchanged)
Australia Standard PS5 with Ultra HD Blu-ray – AUD $829.95 PS5 Digital Edition – AUD $749.95
New Zealand Standard PS5 with Ultra HD Blu-ray – NZD $949.95 PS5 Digital Edition – NZD $859.95

Impact on PlayStation 5 Pro and Accessories

It’s important to note that the newly launched PlayStation 5 Pro will not be affected by any price changes. In a related development, the price of the standalone Disc Drive for the PlayStation 5 will see a decrease: it will now retail for €79.99 in Europe, £69.99 in the UK, AUD $124.95 in Australia, and NZD $139.95 in New Zealand.

Rationale Behind Price Adjustments

In its announcement, Sony explained that these price hikes are a response to challenging economic conditions, which include high inflation rates and varying exchange rates. The company stated, “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 (RRP) of the PlayStation 5 console in select markets.”

Advice for Consumers

While specifics for other regions, particularly in the Middle East and Africa, were not disclosed, Sony encourages consumers to consult local retailers for the most accurate pricing updates.

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