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Sony raises price of PS5, blames inflation

Whelp.

Sony has raised the price of the PS5 in Australia and other regions, blaming inflation in doing so.

“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,” Sony’s Jim Ryan advised. “There will be no price increase in the United States.”

Ryan blamed “the global economic environment” alongside “high global inflation rates, as well as adverse currency trends” for the hike.

Price increases are as follows:

  • Europe
    • PS5 with disc drive: €549.99
    • PS5 without disc drive: €449.99
  • UK
    • PS5 with disc drive: £479.99
    • PS5 without disc drive: £389.99
  • Japan (effective Sept. 15, 2022)
    • PS5 with disc drive: ¥60,478 yen
    • PS5 without disc drive: ¥49,478 yen
  • China
    • PS5 with disc drive: ¥4,299 yuan
    • PS5 without disc drive: ¥3,499 yuan
  • Australia
    • PS5 with disc drive: $799.95 AUD
    • PS5 without disc drive: $679.95 AUD
  • Mexico
    • PS5 with disc drive: $14,999 MXN
    • PS5 without disc drive: $12,499 MXN
  • Canada
    • PS5 with disc drive: $649.99 CAD
    • PS5 without disc drive: $519.99 CAD

What do you make of Sony’s decision? Sound off in the comments area, below.


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Steve Wright

Steve's the owner and Editor-in-Chief of Stevivor.com, the country’s leading independent video games outlet. Steve arrived in Australia back in 2001 on what was meant to be a three-month working holiday before deciding to emigrate and, eventually, becoming a citizen.

Stevivor is a combination of ‘Steve’ and ‘Survivor’, which made more sense back in 2001 when Jeff Probst was up in Queensland. The site started as Steve’s travel blog before transitioning over into video games.

Aside from video games, Steve has interests in hockey and Star Trek, playing the former and helping to cover video games about the latter on TrekMovie.com. By day, Steve works as the communications manager of the peak body representing Victorians as they age.