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Sony is increasing the price of the PS5 in many countries

The PS5 is nearing two years old and unfortunately, due to supply issues, we've yet to see any real deals for the new console at retail. Soon, the situation will get a little worse, as Sony is increasing the price of the PS5 in several markets across the world due to “the global economic environment”. 

According to Sony, the “current global economic environment” is impacting SIE's business. This includes inflation and negative currency trends. We don't get much more of an explanation than that, but Sony does also note in the blog post that it is still trying to improve the PS5 supply situation.

Both the PS5 Disc and Digital editions will be getting price bumps. Here in the UK, the disc version will go from costing £449.99 to £479.99. The Digital edition will rise to £389.99. A similar price increase is also going into effect in Europe, Japan, China, Australia, Mexico and Canada. You can see the full list of adjusted RRPs per region below:

  • 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

For whatever reason, there will be no price increase in the United States. Unfortunately, we don't have an exact date for when this new pricing goes into effect, so it is very likely that the next major restock in each region will sell at the new, higher price.

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KitGuru Says: Usually two years into a console cycle, we're starting to see the first decent discounts during the holiday season, but it looks like it'll take a bit longer to reach that point this time around. 

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