PlayStation 5, the ultra-popular and sometimes hard-to-find gaming console, is getting more expensive across much of the globe, Sony Interactive Entertainment said in a blog post Thursday. The price increases will affect the UK, Europe, the Middle East, Africa, Latin America, Canada and Asian and Pacific countries. "This price increase is a necessity given the current global economic environment," Jim Ryan, Sony Interactive Entertainment CEO, said in the post. Ryan added that the company's top priority is improving the supply chain issues that have made the PS5 difficult to find in stores ever since its debut in November 2020. The console won't be getting more expensive in the United States, as of now. The price increases range from about 3% in Canada (20 Canadian dollars) to about 20% in Japan (10,498 yen). Here are the price hikes for consoles with an Ultra HD Blu-Ray disc drive as they've been reported by Sony and others.
The PS5 sold its 20 millionth unit by early June. That's despite the pandemic and supply chain shortages. While Sony's previous version of the PlayStation reached that milestone faster, the company still expects PS5 to ultimately sell more. Clarification at 8:10 a.m. PT: The peso can also be written as $ with the code MXN.
Sony has raised the price of the PS5 in some markets. The UK and Australia are among those to see higher prices for the console, which Sony blames on the "global economic environment, including high inflation." This will be a blow to gamers now that the PS5 is finally in stock more often, after suffering supply issues for nearly two years since launch. UK punters can expect to pay £479.99 for the standard PS5, and £389.99 for the PS5 Digital Edition without a Blu-ray disc drive (up from £449.99 and £359.99 respectively). Australia is also seeing the prices rise to AU$799.95 and AU$649.95 (up from AU$749.95 and AU$599.95). Prices are also going up in Europe, Japan, China, Mexico and Canada. The US price remains unchanged. "While this price increase is a necessity given the current global economic environment and its impact on SIE’s business, our top priority continues to be improving the PS5 supply situation so that as many players as possible can experience everything that PS5 offers and what’s still to come," Sony wrote in a blog post (opens in new tab) announcing the move. It says the price rises are effective immediately (though Japan's won't come into effect until 15th September). At the time of writing, UK retailers are still listing the old price, so if you get in quick (assuming they have stock) you might avoid the hike. Sony recently announced a new controller for the console. The DualSense Edge is the equivalent of Microsoft's Xbox Elite Controller for Xbox Series X and S and an alternative to controllers made by third-party manufacturers like Scuff. MORE: PS5 restock news: where to buy a PlayStation 5 console in 2022 Plus, check out the best PS5 games for picture and sound As well as why the death of Blu-ray is terrible for gamers |
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