Sony, citing inflation and 'fluctuating exchange rates,' has hiked the price of the Playstation 5 in several regions - but is shielding US consumers from the decision.

The company said it was a "tough decision" to raise PS5 prices for the first time in <a href="https://www.gamespot.com/articles/playstation-5-price-increasing-in-europe-canada-and-more/1100-6506882/">three</a> years.

"With a backdrop of a challenging economic environment, including high inflation and fluctuating exchange rates, SIE has made the tough decision to raise the recommended retail price of the PlayStation 5 console in select markets in Europe, Middle East and Africa (EMEA), Australia and New Zealand," the company said in a statement, and confirming to Gamespot that US prices will remain the same.

Analyst Daniel Ahmad suggested that "The knock on effect [of tariffs] in terms of inflation, exchange rates, and macro trends" may cause Sony to raise prices globally.

According to <a href="https://www.gamespot.com/articles/ps5-prices-have-increased-in-some-regions-but-not-the-us/1100-6530829/#:~:text=Sony%20has%20announced%20that%20it%20has%20raised,The%20price%20changes%20are%20now%20in%20effect.">Gamespot</a>, the changes are as follows;

Making Europeans pay for Trump's tariffs? 
{ai:summary}Sony has increased the price of the PlayStation 5 in select markets across Europe, the Middle East, Africa, Australia, and New Zealand due to inflation and fluctuating exchange rates, while keeping U.S. prices unchanged. This marks the first price hike in three years.Analysts suggest that global pricing may be affected by tariffs and macroeconomic trends, potentially leading to further price adjustments worldwide. The price changes vary by region, with notable increases for the PS5 Digital Edition in Europe and Australia. #economy

Sony Hikes Playstation 5 Price Up To 11% In Major Markets - Except The US

Loading...