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You are here: Home / Featured / Sony increases PS5 price in select markets due to inflation

Sony increases PS5 price in select markets due to inflation

August 26, 2022 By Manav Leave a Comment

Sony PS5

A general rule of thumb with respect to pricing for any tech product is that it goes down as the time passes. But for Sony’s PlayStation 5, it’s the other way around. Already struggling with supply issues, Sony today announced that the price of both the PS5 SKUs – digital and disc – will increase in select markets.

Sony blames the “challenging economic conditions” and “high global inflation rates” across the world for the increase in asking price, which will affect many markets in Europe, Middle East, and Africa (EMEA), Asia-Pacific (APAC) and Latin America (LATAM). Canada is the only country in North America where gamers will have to shell out more as the United States has been spared with the price increase.

As far as India is concerned, Sony hasn’t confirmed anything yet but there’s a fair chance India would also see a higher price in the next sale.

The updated prices are as follows:

  • Europe
    • PS5 with Ultra HD Blu-ray disc drive – €549.99
    • PS5 Digital Edition – €449.99
  • UK
    • PS5 with Ultra HD Blu-ray disc drive – £479.99
    • PS5 Digital Edition – £389.99
  • Japan (effective Sept. 15, 2022)
    • PS5 with Ultra HD Blu-ray disc drive – ¥60,478 yen (including tax)
    • PS5 Digital Edition – ¥49,478 yen (including tax)
  • China
    • PS5 with Ultra HD Blu-ray disc drive – ¥4,299 yuan 
    • PS5 Digital Edition – ¥3,499 yuan
  • Australia
    • PS5 with Ultra HD Blu-ray disc drive – AUD $799.95
    • PS5 Digital Edition – AUD $649.95
  • Mexico
    • PS5 with Ultra HD Blu-ray disc drive – MXN $14,999
    • PS5 Digital Edition – MXN $12,499
  • Canada
    • PS5 with Ultra HD Blu-ray disc drive – CAD $649.99
    • PS5 Digital Edition – CAD $519.99

  • Sony unveils PlayStation VR2 with PlayStation VR2 Sense controller
  • PS5 update enables storing games on external storage
  • God of War Enhanced Performance enables 4K@60fps in PS5
  • DualSense is Sony’s PS5 controller

Filed Under: Featured, Gaming, Trending

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