Sony has raised the prices of the PS5 console in several markets including Europe, the UK, and Australia, with increases of up to 100 AUD or EUR. This decision is attributed to a challenging economic backdrop, characterized by high inflation and fluctuating exchange rates. Specifically, the PS5 Digital Edition will now cost €500 in Europe and £430 in the UK, with similar hikes noted in Australia and New Zealand. In a contrasting move, the price for the add-on disc drive is decreasing, suggesting a strategic response to market conditions.
Sony announced a series of price hikes for the PS5 in multiple regions, blaming high inflation and unstable exchange rates for the increased costs.
While the PS5 Digital Edition sees prices rise across the board, the add-on disc drive experiences a price reduction, signaling mixed market responses from Sony.
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