Sony Jacks Up PS5 Price in Europe, Latin America, and Other Regions

playstation 5 - new ps5 price

Sony is raising the price of its PlayStation 5 console in Europe, the UK, China, Australia, Mexico, and Canada with immediate effect except for Japan which takes effect from September 15th. While there is no price increase in the United States, the price for the PS5 in Europe is now 10 percent higher than the retail price at launch and around 6 percent higher in the UK. Sony is attributing the price increase to the global economic challenge.

We’re seeing high global inflation rates, as well as adverse currency trends, impacting consumers and creating pressure on many industries,” President and CEO of Sony Interactive Entertainment, Jim Ryan writes in a PlayStation blog post. “Based on these challenging economic conditions, SIE has made the difficult decision to increase the recommended retail price (RRP) of PlayStation 5 in select markets across Europe, Middle East, and Africa (EMEA), Asia-Pacific (APAC), Latin America (LATAM), as well as Canada. There will be no price increase in the United States.”

The supply constraint to get the PS5 is still on, but Ryan says Sony’s “top priority continues to be improving the PS5 supply situation so that as many players as possible can experience everything that PS5 offers and what’s still to come.”

The new PS5 prices are below:

Europe:

  • PS5 with Ultra HD Blu-ray disc drive – €549.99
  • PS5 Digital Edition – €449.99

UK:

  • PS5 with Ultra HD Blu-ray disc drive – £479.99
  • PS5 Digital Edition – £389.99

Japan (effective Sept. 15, 2022):

  • PS5 with Ultra HD Blu-ray disc drive – ¥60,478 yen (including tax)
  • PS5 Digital Edition – ¥49,478 yen (including tax)

China:

  • PS5 with Ultra HD Blu-ray disc drive – ¥4,299 yuan 
  • PS5 Digital Edition – ¥3,499 yuan

Australia:

  • PS5 with Ultra HD Blu-ray disc drive – AUD $799.95
  • PS5 Digital Edition – AUD $649.95

Mexico:

  • PS5 with Ultra HD Blu-ray disc drive – MXN $14,999
  • PS5 Digital Edition – MXN $12,499

Canada:

  • PS5 with Ultra HD Blu-ray disc drive – CAD $649.99
  • PS5 Digital Edition – CAD $519.99

Posted by Biodun

Passionate about Technology and everything concerning it. Avid Gamer and Music Lover. Loves Chelsea FC. Overall, a nice guy. Find me on Instagram and Twitter.

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