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Sony hikes PlayStation 5 console prices for Europe, UK and Australia citing economic turmoil

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Sony said it will raise prices for some PlayStation 5 videogame consoles in Europe, Australia and New Zealand, citing global economic turmoil.

The company unveiled the price hikes of at least 10%, saying it was a “tough decision” amid the “backdrop of a challenging economic environment, including high inflation and fluctuating exchange rates.”

The recommended retail price for a PS5 Digital Edition will go up to €499 ($570) in Europe, according to a post on Sunday on the official PlayStation blog. That’s up from €449 in a previously…

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