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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: $649.95 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 of this very site and an active games journalist nearing twenty (TWENTY!?!) years. He's a Canadian-Australian gay gaming geek, ice hockey player and fan. Husband to Matt and cat dad to Wally and Quinn.