Sony said it is raising the price of the disk drive equipped version of the PS5 console to €549.99 from €499.99 previously in Europe with a similar hike in Japan
said on Thursday it was hiking the price of its PlayStation 5 games console in markets including Europe, Japan and Britain following economic pressures including rising interest rates.
The Japanese entertainment conglomerate said there would be no price increase in the United States, where it is locked in battle with Microsoft Corp’s“We’re seeing high global inflation rates, as well as adverse currency trends, impacting consumers and creating pressure on many industries,” Sony Interactive Entertainment Chief Executive Jim Ryan wrote in a blog post.
While the price hike “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,” gaming chief Ryan wrote.