Due to the current inflationary economic environment, Sony has decided to increase the price of the PlayStation 5.
It is the crisis ! As prices keep rising due to inflation and the average household shopping cart becomes increasingly difficult to fill, entertainment also takes a hit. This Thursday, Sony announces a price increase for the PlayStation 5 in certain markets… including Europe.
The PlayStation 5 increases in price
« The global economic environment is a challenge many of you are probably familiar with around the world“says Sony in the introduction of his blog post. With inflation, component shortages driving up prices and the loss of value of some currencies like the Euro, it’s hard for brands to stay competitive. This is all the more true in a market like that of game consolesoften sold at a loss.
For this reason, SIE (Sony Interactive Entertainment) decided to increase the price of the PS5 in certain countries. In Europe, PS5 therefore goes from 500 to 550 euros and PS5 Digital Edition from 400 to 450 euros. This price increase also affects the United Kingdom, Japan, China, Australia, Mexico and Canada.
These new rates come into effect immediately, with the exception of Japan where they will be applied from September 15. Some resellers, like amazonhave yet to pass this on to the selling price of the PS5, but it should be soon.
The PS5 still in short supply
It must be said that it was already very difficult to find a PlayStation 5 at its original price in recent weeks. Remember that stocks have been tight for several months already and that the shortage makes it very difficult to access Sony’s latest console. Thus, it is already not uncommon to see the latter displayed at prices exceeding 700 or 800 euros.
It remains to be seen now whether Microsoft will do the same for its Xbox Series X et Xbox Series S.
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