Sony hiked Playstation 5 console’s price on rising inflation, citing the global economic environment.
The Japanese gaming giant said that the price hikes are effective immediately except in Japan where they will begin on Sep. 15.
The PS5’s price in the U.S. have not been risen.
“The global economic environment is a challenge that many of you around the world are no doubt experiencing,” Sony said in a blog post on Thursday.
“We’re seeing high global inflation rates, as well as adverse currency trends, impacting consumers and creating pressure on many industries.” Sony added.
“Based on these challenging economic conditions,” Sony pointed. It has decided to increase the price of its flagship console.
These are the hikes and new prices for the PS5:
Europe: 50 euro ($50) increase to 549.99 euros for the disc version and 449.99 euros for the digital version
UK: £30 increase to £479.99 for the disc version and £399.99 for the digital model
Japan: 5000 yen increase to 54,980 yen for the disc version and 44,980 yen for the digital model
China: 400 yuan increase to 4,299 yuan for the disc version and 3,499 yuan for the digital model
Australia: 50 Australian dollar increase to 799.95 Australian dollars for the disc version and 649.95 Australian dollars for the digital model
Mexico: 1,000 Mexican pesos increased to 14,999 Mexican pesos for the disc version and 12,499 Mexican pesos for the digital model
Canada: 20 Canadian dollars increase to 649.99 Canadian dollars for the disc version and 519.99 Canadian dollars for the digital model
