Sony hikes price of PS5 in Europe, Japan, and more

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Photo by Vjeran Pavic / The Verge

Sony is increasing its PS5 prices in the UK, Europe, Japan, China, Australia, Mexico, and Canada. Prices are jumping by 10 percent in Europe, and by around 6 percent in the UK as inflation rates impact Sony and many other companies. While Sony is increasing PS5 prices in many parts of the world, it says there won’t be a price increase in the US.

“We’re seeing high global inflation rates, as well as adverse currency trends, impacting consumers and creating pressure on many industries,” explains Jim Ryan, President and CEO of Sony Interactive Entertainment. “Based on these challenging economic conditions, SIE has made the difficult decision to increase the recommended retail price (RRP) of PlayStation 5 in select markets across Europe,…

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