Sony has announced a price increase for its PlayStation 5 console in multiple regions, including Africa, Europe, and Asia-Pacific, citing inflation and volatile currency exchange rates as key reasons. This decision comes as the gaming industry faces mounting economic pressures globally.
The price adjustments, which exclude the U.S. market, took effect immediately. In Europe, the digital-only PS5 now costs €499.99 ($570), reflecting a rise of over 10%. Similarly, in the UK, the same model is priced at £429.99 ($566.53).
Australia and New Zealand also saw hikes for both digital and standard editions, with the latter featuring a Blu-ray disc drive.
Sony clarified that African markets would also experience price increases but did not provide specific details. Interestingly, the PS5 Pro model, introduced in late 2024, will retain its current pricing, while the external Blu-ray disc drive accessory will see a slight price reduction.
