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Sony hikes PlayStation 5 console prices
for Europe, UK and Australia citing economic turmoil
[April 15, 2025]
LONDON (AP) — Sony said it will raise prices starting Monday for
some PlayStation 5 video game consoles in Europe, Australia and New
Zealand, citing global economic turmoil.
The company unveiled the price hikes of at least 10%, saying it was a
“tough decision” amid the “backdrop of a challenging economic
environment, including high inflation and fluctuating exchange rates.” |
PlayStation 5 consoles are seen at a Best Buy store during Black Friday,
Friday, Nov. 24, 2023, in Charlotte, N.C. (AP Photo/Erik Verduzco, File) |
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The
recommended retail price for a PS5 Digital Edition will go up to
499 euros ($570) in Europe, according to a post Sunday on the
official PlayStation blog. That's up from 449 euros in a
previously announced pricing update in 2022.
In the United Kingdom, the new price will be 430 pounds ($565),
up from 389 pounds previously while in Australia the price will
increase to 749 Australian dollars ($474) from $649. The price
in New Zealand will rise to 859 New Zealand dollars ($504).
The PS5 Digital Edition is a slimmed-down version of the console
that comes without a disc drive.
Sony said the price in Europe and the U.K. for the standard
PlayStation 5, which was released in 2020 and comes with a Blu-ray
Disc drive, will remain unchanged, as will the price for the PS5
Pro version, which was released last year.
U.S. President Donald Trump's move earlier this month to impose
tariffs on nations around the world has roiled global
manufacturing supply chains. News on the weekend that imports of
electronics like smartphones and laptops are getting a temporary
reprieve until the administration figures out a new tariff
approach specific to the semiconductor industry has added to the
confusion for exporters.
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