Sony has announced a 25% increase in the price of its PlayStation 5's digital edition, now costing £429.99 in the UK and €499.99 in Europe. The price hike, effective from Monday, is attributed to high inflation rates and fluctuating exchange rates impacting economic conditions in certain markets globally. The standard PS5 with a disk drive remains unchanged in price, while significant increases are also observed in Australia and New Zealand. This move comes as the video game and tech industry navigates the complexities of tariffs imposed by the Trump administration, affecting supply chains.
Sony's decision to increase the PS5 price by 25% reflects the video game industry's struggle with economic challenges, including inflation and supply chain tariffs.
The company reported that the price hike primarily affects the digital edition of the PS5 due to the ongoing volatility in exchange rates across various markets.
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