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Home > Sony to Increase the Price of PS5 Due to Global Economic Environment
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Sony to Increase the Price of PS5 Due to Global Economic Environment

Madhav BankaBy Madhav BankaAugust 26, 2022
Sony to Increase the Price of PS5
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Sony has announced that they will soon increase the price of the PS5 in certain regions. Countries said to get a price include Latin America, the Middle East, Asia-Pacific, and Canada. Sony has also confirmed that there will be no increase in the price of the PS5 in the United States.

Also Read, PlayStation Announces DualSense Edge Wireless Controller

A blog post released by PlayStation reads, “The global economic environment is a challenge that many of you around the world are no doubt experiencing. We’re seeing high global inflation rates, as well as adverse currency trends, impacting consumers and creating pressure on many industries.”

Furthermore, the statement also says, “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, Middle East, and Africa (EMEA), Asia-Pacific (APAC), Latin America (LATAM), as well as Canada. There will be no price increase in the United States.”

The new prices for both the PS5 Digital and Disc Editions are mentioned below:

  • Europe
    • PS5 with Disc drive – €549.99
    • PS5 Digital Edition – €449.99
  • UK
    • PS5 with Disc drive – £479.99
    • PS5 Digital Edition – £389.99
  • Japan (effective Sept. 15, 2022)
    • PS5 with Disc drive – ¥60,478 yen (including tax)
    • PS5 Digital Edition – ¥49,478 yen (including tax)
  • China
    • PS5 with Disc drive – ¥4,299 yuan 
    • PS5 Digital Edition – ¥3,499 yuan
  • Australia
    • PS5 with Disc drive – AUD $799.95
    • PS5 Digital Edition – AUD $649.95
  • Mexico
    • PS5 with Disc drive – MXN $14,999
    • PS5 Digital Edition – MXN $12,499
  • Canada
    • PS5 with Disc drive – CAD $649.99
    • PS5 Digital Edition – CAD $519.99
PS5 Sony
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Madhav Banka
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Avid Gamer and a Cinephile. While not busy writing, you'll usually find me playing a lot of Roguelikes and RPGs.

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