PlayStation 5: Sony raises the price of the console

In a post on the PlayStation Blog, Sony Interactive Entertainment President and CEO Jim Ryan shared some bad news for gamers. The economic reality we live in is affecting the industry and causing massive inflation which is now affecting the prices of PlayStation consoles.

• Read also: PlayStation introduces DualSense Edge, a new controller for PS5.

• Read also: PlayStation Plus: online multiplayer game goes free on PS5 and PS4 this weekend.

These impacts have caused Sony Interactive Entertainment to revise the suggested retail prices for the PlayStation 5 in certain markets in Europe, the Middle East and Africa (EMEA region), Asia Pacific (APAC), Latin America (LATAM region) and Canada.

So a Canadian gamer looking to purchase Sony’s next generation console would have to pay $649.99 for the disc player version instead of $629.99 and $519.99 for the digital version instead of $499.99. That’s $20 more than the original price. According to Sony, this price adjustment is already in place.

Here are the other countries affected by the PS5 price increase:

  • Europe
    • PS5 with Ultra HD Blu-ray player – €549.99
    • PS5 Digital Edition – €449.99
  • England
    • PS5 with Ultra HD Blu-ray Disc Player – £479.99
    • PS5 Digital Edition – £389.99
  • Japan (since September 15, 2022)
    • PS5 with Ultra HD Blu-ray Disc Player – 60,478 yen (tax included)
    • PS5 Digital Edition – 49,478 yen (tax included)
  • China
    • PS5 with Ultra HD Blu-ray player – 4299 yuan.
    • PS5 digital edition – 3499 yuan
  • Australia
    • PS5 with Ultra HD Blu-ray Disc Player – AU$799.95
    • PS5 Digital Edition – AU$649.95
  • Mexico
    • PS5 with Ultra HD Blu-ray Disc Player – MXN 14,999
    • PS5 Digital Edition – MXN 12,499

“The global economic environment is creating challenges that many of you around the world are no doubt facing,” Ryan explains on his blog. “We are seeing high global inflation rates, as well as adverse trends in the value of various currencies, which are affecting consumers and putting some pressure on many industries.”

The blog post also indicates that some markets in the EMEA, APAC, and LATAM regions, which are not listed above, may also experience price increases.

Twittersphere not happy with this news

It was enough for the community to express their dissatisfaction. Some netizens even recall a report from last year that said the PS5 was no longer selling at a loss, to the point of stating that it wouldn’t be as expensive as the PS3.

In addition, several players are wondering why this change does not apply to the United States.

Despite this price hike, SIE’s CEO maintains that improving the PS5 range remains a priority, “so that as many players as possible can experience the PS5, all it has to offer, offer and more to come.”


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