Sony has announced a price increase for PlayStation 5 consoles in Europe, Australia, and New Zealand, attributing the change to the challenging economic climate characterized by high inflation and fluctuating exchange rates. The new recommended retail prices (RRPs) were detailed in a post on the PlayStation Blog and will take effect from April 14.
Here are the updated RRPs:
Europe:
- PS5 Digital Edition: €500 (no change for the standard PS5 with disc drive)
UK:
- PS5 Digital Edition: £430 (no change for the standard PS5 with disc drive)
Australia:
- Standard PS5 with disc drive: AUD $830
- PS5 Digital Edition: AUD $750
New Zealand:
- Standard PS5 with disc drive: NZD $950
- PS5 Digital Edition: NZD $860
It's worth noting that the price of the PS5 Pro remains unchanged.
This marks the second round of price increases for the PS5, following similar hikes in 2022. As a result, the PS5 is now significantly more expensive in many regions compared to its launch prices. In Europe and the UK, the PS5 Digital Edition has risen by €100 and £70, respectively, from its initial prices of €400 and £360. In Australia, the standard PS5 has increased by AUD $80 (from AUD $750), while the digital edition has gone up by AUD $150 (from AUD $600). In New Zealand, the standard PS5 is now NZD $130 more expensive (from NZD $820), and the digital version has seen a NZD $210 increase (from NZD $650).
Interestingly, the RRP of the PS5 disc drive is being reduced to €80/£70/AUD $125/NZD $140, offering a slight relief in the context of these overall price adjustments.
