Sony has increased the prices of its PlayStation 5 consoles worldwide, with notable hikes in the UK and Europe. The digital edition's price in the UK rose to £429.99, and in Europe, it reached â¬499.99. Executives attributed these increases to challenging market conditions, including escalating inflation and varying exchange rates. While physical PS5 models saw no price increases, disc drive costs were reduced. Analysts suggest these adjustments align the pricing of digital and physical editions, with an indirect nod to global pricing strategies amidst tariff concerns.
Sony has raised worldwide prices for its PlayStation 5 consoles, attributing the increase to demanding market conditions such as high inflation and fluctuating exchange rates.
Isabelle Tomatis from Sony remarked, 'High inflation and fluctuating exchange rates are significant factors driving these price adjustments worldwide, including markets like Australia and New Zealand.'
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