Sony has increased the PlayStation 5 price, effective immediately, in most markets around the world.
The console’s price will rise by £30 in the UK and €50 in Europe, to £480/€550, or £390/€450 for the console’s disc-less digital version.
Elsewhere around the world, Japan, China, Australia, Mexico and Canada will also see price rises. But the US will not see a price rise at this time.
PlayStation boss Jim Ryan confirmed the price hikes this morning, and blamed “high global inflation rates, as well as adverse currency trends, impacting consumers and creating pressues on many industries”.
Ryan said the move had been a “difficult decision”, and that Sony’s top priority remained “improving the PS5 supply situation so that as many players as possible can experience everything that PS5 offers and what’s still to come.
More to follow.